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Schumag AG (HAM:SCM) Cost of Goods Sold : €18.56 Mil (TTM As of Mar. 2023)


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What is Schumag AG Cost of Goods Sold?

Schumag AG's cost of goods sold for the six months ended in Mar. 2023 was €9.09 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2023 was €18.56 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Schumag AG's Gross Margin % for the six months ended in Mar. 2023 was 65.75%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Schumag AG's Inventory Turnover for the six months ended in Mar. 2023 was 0.65.


Schumag AG Cost of Goods Sold Historical Data

The historical data trend for Schumag 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.

Schumag AG Cost of Goods Sold Chart

Schumag AG Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.55 13.02 12.63 9.02 11.84

Schumag AG Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 5.33 6.52 7.67 9.47 9.09

Schumag 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 Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €18.56 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.


Schumag AG  (HAM:SCM) Cost of Goods Sold Explanation

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

Schumag AG's Gross Margin % for the six months ended in Mar. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(26.535 - 9.088) / 26.535
=65.75 %

* 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:

Schumag AG's Inventory Turnover for the six months ended in Mar. 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.


Schumag AG Cost of Goods Sold Related Terms

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Schumag AG (HAM:SCM) Business Description

Traded in Other Exchanges
N/A
Address
Nerscheider Weg 170, Aachen, DEU, D-52076
Schumag AG is a Germany-based company engaged in the machinery and precision mechanics manufacture. It operates in one business segment being Precision Engineering, which produces automotive parts, components for precision measuring and indicating equipment, precision axles for a range of household's appliances, components for medical. It also produces optical equipment, standard precision parts for injection molding and pressure die-casting as well as precision parts in small lot sizes manufactured according to the customers' drawings. Its products include Control pistons, valve pistons, plungers, Plunger barrel combinations and High-pressure relief valves.

Schumag AG (HAM:SCM) Headlines

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