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SIG Group AG (XSWX:SIGN) Cost of Goods Sold : CHF2,366 Mil (TTM As of Dec. 2023)


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What is SIG Group AG Cost of Goods Sold?

SIG Group AG's cost of goods sold for the six months ended in Dec. 2023 was CHF1,220 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was CHF2,366 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SIG Group AG's Gross Margin % for the six months ended in Dec. 2023 was 23.48%.

Cost of Goods Sold is also directly linked to Inventory Turnover. SIG Group AG's Inventory Turnover for the six months ended in Dec. 2023 was 2.99.


SIG Group AG Cost of Goods Sold Historical Data

The historical data trend for SIG Group 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.

SIG Group AG Cost of Goods Sold Chart

SIG Group AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 1,495.84 1,537.08 1,641.36 2,175.74 2,328.36

SIG Group AG Semi-Annual Data
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 852.32 931.33 1,279.57 1,146.62 1,219.87

SIG Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF2,366 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.


SIG Group AG  (XSWX:SIGN) Cost of Goods Sold Explanation

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

SIG Group AG's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1594.08 - 1219.868) / 1594.08
=23.48 %

* 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:

SIG Group AG'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.


SIG Group AG Cost of Goods Sold Related Terms

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SIG Group AG (XSWX:SIGN) Business Description

Traded in Other Exchanges
Address
Laufengasse 18, Neuhausen am Rheinfall, CHE, 8212
SIG Group AG is a systems and solutions provider for aseptic carton packaging solutions, comprising filling machines, sleeves, and closures as well as after-market services. Its geographical segments include Europe, the Middle East and Africa (MEA), Asia Pacific (APAC), and the Americas. It generates maximum revenue from the Europe segment. The company offers packaging solutions for the beverages and food industry.

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