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gategroup Holding AG (gategroup Holding AG) Cost of Goods Sold : $3,923.37 Mil (TTM As of Dec. 2019)


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What is gategroup Holding AG Cost of Goods Sold?

gategroup Holding AG's cost of goods sold for the six months ended in Dec. 2019 was $3,923.37 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2019 was $3,923.37 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. gategroup Holding AG's Gross Margin % for the six months ended in Dec. 2019 was 22.32%.

Cost of Goods Sold is also directly linked to Inventory Turnover. gategroup Holding AG's Inventory Turnover for the six months ended in Dec. 2019 was 24.76.


gategroup Holding AG Cost of Goods Sold Historical Data

The historical data trend for gategroup 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.

gategroup Holding AG Cost of Goods Sold Chart

gategroup Holding AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,433.93 2,630.67 3,613.27 3,806.03 3,923.37

gategroup Holding AG Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,433.93 2,630.67 3,613.27 3,806.03 3,923.37

gategroup 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2019 was $3,923.37 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.


gategroup Holding AG  (OTCPK:GGRUY) Cost of Goods Sold Explanation

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

gategroup Holding AG's Gross Margin % for the six months ended in Dec. 2019 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(5050.682 - 3923.367) / 5050.682
=22.32 %

* 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:

gategroup Holding AG's Inventory Turnover for the six months ended in Dec. 2019 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.


gategroup Holding AG Cost of Goods Sold Related Terms

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gategroup Holding AG (gategroup Holding AG) Business Description

Traded in Other Exchanges
N/A
Address
Sagereistrasse 20, Glattbrugg, CHE, CH-8152
gategroup Holding AG is engaged in the operation of airline catering and provision of related services in Switzerland. It provides airline catering, retail and technology services, onboard service equipment, and supply chain and logistics solutions. Its segments include EMEA, North America, Latin America and Asia Pacific regions.

gategroup Holding AG (gategroup Holding AG) Headlines

From GuruFocus

David Herro Comments on gategroup Holding AG

By Vera Yuan Vera Yuan 01-09-2015