GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAM Holding AG (OTCPK:GMHLF) » Definitions » Cost of Goods Sold

GMHLF (GAM Holding AG) Cost of Goods Sold : $240.8 Mil (TTM As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is GAM Holding AG Cost of Goods Sold?

GAM Holding AG's cost of goods sold for the six months ended in Jun. 2024 was $80.3 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was $240.8 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. GAM Holding AG's Gross Margin % for the six months ended in Jun. 2024 was 15.53%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


GAM Holding AG Cost of Goods Sold Historical Data

The historical data trend for GAM 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.

GAM Holding AG Cost of Goods Sold Chart

GAM 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 670.87 637.78 577.42 413.05 333.26

GAM Holding AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 217.69 186.35 165.93 160.50 80.33

GAM 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $240.8 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.


GAM Holding AG  (OTCPK:GMHLF) Cost of Goods Sold Explanation

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

GAM Holding AG's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(95.1 - 80.332) / 95.1
=15.53 %

* 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:

GAM Holding AG's Inventory Turnover for the six months ended in Jun. 2024 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.


GAM Holding AG Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of GAM Holding AG's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


GAM Holding AG Business Description

Traded in Other Exchanges
Address
Hardstrasse 201, Zurich, CHE, CH-8037
GAM Holding AG is a asset manager with products that cater to institutions, intermediaries, and private clients. Customers are offered directional and absolute return strategies across an array of asset classes and strategies. In addition to an asset-management business, clients are offered private labeling services, such as fund administration and management company services. The company provides Asset management services through the GAM and Julius Bae brands and includes investment advice from internal and external professionals.

GAM Holding AG Headlines

From GuruFocus

Full Year 2021 GAM Holding AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Full Year 2018 GAM Holding AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Half Year 2019 GAM Holding AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Half Year 2022 GAM Holding AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Half Year 2020 GAM Holding AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Full Year 2019 GAM Holding AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Half Year 2021 GAM Holding AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Is GAM Holding Another Soros Gem?

By Jacob Maslow Jacob Maslow 06-11-2019

Full Year 2020 GAM Holding AG Earnings Call Transcript

By GuruFocus Research 02-13-2024