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Rieter Holding AG (XSWX:RIEN) Cost of Goods Sold : CHF1,038 Mil (TTM As of Dec. 2023)


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What is Rieter Holding AG Cost of Goods Sold?

Rieter Holding AG's cost of goods sold for the six months ended in Dec. 2023 was CHF461 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was CHF1,038 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Rieter Holding AG's Gross Margin % for the six months ended in Dec. 2023 was 30.13%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Rieter Holding AG's Inventory Turnover for the six months ended in Dec. 2023 was 1.43.


Rieter Holding AG Cost of Goods Sold Historical Data

The historical data trend for Rieter Holding AG's Cost of Goods Sold can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rieter Holding AG Cost of Goods Sold Chart

Rieter Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 549.90 439.20 692.70 1,181.90 1,038.30

Rieter Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 416.90 490.50 691.40 576.90 461.40

Rieter Holding AG Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF1,038 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rieter Holding AG  (XSWX:RIEN) Cost of Goods Sold Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Rieter Holding AG's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(660.4 - 461.4) / 660.4
=30.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Rieter Holding AG's Inventory Turnover for the six months ended in Dec. 2023 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Rieter Holding AG Cost of Goods Sold Related Terms

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Rieter Holding AG (XSWX:RIEN) Business Description

Traded in Other Exchanges
Address
Klosterstrasse 32, Winterthur, CHE, 8406
Rieter Holding AG is an industrial machinery manufacturer based in Switzerland. It develops machinery, systems, and components used to convert natural and man-made fibres and their blends into yarns. The company's operating segment includes Machines and Systems, Components and After Sales. It generates maximum revenue from the Machines and Systems segment.

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