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Brunello Cucinelli SpA (STU:8BU) Cost of Goods Sold : €588 Mil (TTM As of Dec. 2023)


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What is Brunello Cucinelli SpA Cost of Goods Sold?

Brunello Cucinelli SpA's cost of goods sold for the six months ended in Dec. 2023 was €307 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was €588 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Brunello Cucinelli SpA's Gross Margin % for the six months ended in Dec. 2023 was 48.51%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Brunello Cucinelli SpA's Inventory Turnover for the six months ended in Dec. 2023 was 1.11.


Brunello Cucinelli SpA Cost of Goods Sold Historical Data

The historical data trend for Brunello Cucinelli SpA'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.

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Brunello Cucinelli SpA Cost of Goods Sold Chart

Brunello Cucinelli SpA 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 317.96 293.76 381.25 465.61 587.68

Brunello Cucinelli SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 213.14 204.90 260.71 281.08 306.60

Brunello Cucinelli SpA 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 semi-annually data reported by the company within the most recent 12 months, which was €588 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.


Brunello Cucinelli SpA  (STU:8BU) Cost of Goods Sold Explanation

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

Brunello Cucinelli SpA's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(595.478 - 306.602) / 595.478
=48.51 %

* 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:

Brunello Cucinelli SpA's Inventory Turnover for the six months ended in Dec. 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.


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Brunello Cucinelli SpA (STU:8BU) Business Description

Address
Viale Parco dell’Industria, 5, Frazione Solomeo, Corciano, Perugia, ITA, 06073
Brunello Cucinelli SpA is a luxury apparel brand that emphasizes soft cashmere knitwear. It sells primarily women's clothing, shoes, and accessories. Brunello Cucinelli's products are made in Italy and sold throughout the world, with most revenue coming from Europe, particularly Italy, and North America. The company sells its products directly to consumers through its company-operated retail stores, and it wholesales its products to other retailers, with roughly an equal amount of revenue coming from each channel.

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