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Shin-Etsu Chemical Co Cost of Goods Sold

: $8,877 Mil (TTM As of Dec. 2020)
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Shin-Etsu Chemical Co's cost of goods sold for the three months ended in Dec. 2020 was $2,334 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2020 was $8,877 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shin-Etsu Chemical Co's Gross Margin % for the three months ended in Dec. 2020 was 36.22%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Shin-Etsu Chemical Co's Inventory Turnover for the three months ended in Dec. 2020 was 0.66.


Shin-Etsu Chemical Co Cost of Goods Sold Historical Data

* 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.

Shin-Etsu Chemical Co Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cost of Goods Sold Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,235.23 7,690.67 9,080.97 9,357.02 9,174.39

Shin-Etsu Chemical Co Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Cost of Goods Sold 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 Premium Member Only Premium Member Only Premium Member Only 2,218.79 2,297.25 2,149.13 2,096.32 2,334.38

Shin-Etsu Chemical Co 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. 2020 was 2297.2527406186 (Mar. 2020 ) + 2149.134304162 (Jun. 2020 ) + 2096.3168511872 (Sep. 2020 ) + 2334.3757707486 (Dec. 2020 ) = $8,877 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.


Shin-Etsu Chemical Co  (OTCPK:SHECF) Cost of Goods Sold Explanation

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

Shin-Etsu Chemical Co's Gross Margin % for the three months ended in Dec. 2020 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(3659.9091287458 - 2334.3757707486) / 3659.9091287458
=36.22 %

* 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:

Shin-Etsu Chemical Co's Inventory Turnover for the three months ended in Dec. 2020 is calculated as:

Inventory Turnover=Cost of Goods Sold / Total Inventories
=2334.3757707486 / 3511.0226587091
=0.66

* 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.


Shin-Etsu Chemical Co Cost of Goods Sold Related Terms


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