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Schlumberger AG (FRA:44SA.PFD) Cost of Goods Sold : €126.24 Mil (TTM As of Dec. 2016)


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What is Schlumberger AG Cost of Goods Sold?

Schlumberger AG's cost of goods sold for the six months ended in Dec. 2016 was €76.36 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2016 was €126.24 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Schlumberger AG's Gross Margin % for the six months ended in Dec. 2016 was 27.89%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Schlumberger AG's Inventory Turnover for the six months ended in Dec. 2016 was 1.81.


Schlumberger AG Cost of Goods Sold Historical Data

The historical data trend for Schlumberger 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.

Schlumberger AG Cost of Goods Sold Chart

Schlumberger AG Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only 132.26 122.55 131.30 118.68 126.24

Schlumberger AG Semi-Annual Data
Mar08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Jun16 Dec16
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 50.90 67.78 55.11 49.89 76.36

Schlumberger 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. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was €126.24 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.


Schlumberger AG  (FRA:44SA.PFD) Cost of Goods Sold Explanation

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

Schlumberger AG's Gross Margin % for the six months ended in Dec. 2016 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(105.891 - 76.359) / 105.891
=27.89 %

* 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:

Schlumberger AG's Inventory Turnover for the six months ended in Dec. 2016 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.


Schlumberger AG Cost of Goods Sold Related Terms

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Schlumberger AG Business Description

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Schlumberger AG engages in the manufacture and distribution of sparkling wine in Austria and rest of Europe. It offers wines primarily under the Schlumberger DOM, Schlumberger White Secco, and Schlumberger Golden Dry brands.

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