SK Telecom Co (SK Telecom Co) Cost of Goods Sold

: $1,695 Mil (TTM As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

SK Telecom Co's cost of goods sold for the three months ended in Dec. 2023 was $475 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $1,695 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SK Telecom Co's Gross Margin % for the three months ended in Dec. 2023 was 86.32%.

Cost of Goods Sold is also directly linked to Inventory Turnover. SK Telecom Co's Inventory Turnover for the three months ended in Dec. 2023 was 3.41.

SK Telecom Co Cost of Goods Sold Historical Data

The historical data trend for SK Telecom Co'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.

SK Telecom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cost of Goods Sold

Get a 7-Day Free Trial

2,036.86

1,984.55

1,881.22

1,740.80

1,702.16

SK Telecom Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cost of Goods Sold	Get a 7-Day Free Trial															478.92	427.77	394.23	397.82	474.87

SK Telecom 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,695 Mil.

SK Telecom Co (NYSE:SKM) Cost of Goods Sold Explanation

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

SK Telecom Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(3470.799	-	474.865)	/	3470.799
	=	86.32 %

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:

SK Telecom Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	474.865	/	139.1225
	=	3.41

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.

SK Telecom Co Cost of Goods Sold Related Terms

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

SK Telecom Co (SK Telecom Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SK Telecom Co Ltd (NYSE:SKM) » Definitions » Cost of Goods Sold

Traded in Other Exchanges

017670:Korea KMBA:Germany S1KM34:Brazil

Address

SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, KOR, 04539

Website

https://www.sktelecom.com

SK Telecom is South Korea's largest wireless telecom operator, with 30 million mobile customers. The firm also owns SK Broadband (formerly Hanaro Telecom), which has 6.9 million broadband customers and 9.5 million pay TV customers (6.8 million IPTV and 2.7 million Cable TV). While the firm also purchased stakes in businesses in security and semiconductor memory production as well as developing e-commerce and internet platform businesses, these were all spun off into the separate, SK Square business in November 2021. The company was formed after SK Group purchased KT's mobile business in 1994.