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Incitec Pivot (Incitec Pivot) Cost of Goods Sold : $1,760 Mil (TTM As of Mar. 2024)


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What is Incitec Pivot Cost of Goods Sold?

Incitec Pivot's cost of goods sold for the six months ended in Mar. 2024 was $761 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $1,760 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Incitec Pivot's Gross Margin % for the six months ended in Mar. 2024 was 51.15%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Incitec Pivot's Inventory Turnover for the six months ended in Mar. 2024 was 1.25.


Incitec Pivot Cost of Goods Sold Historical Data

The historical data trend for Incitec Pivot'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.

Incitec Pivot Cost of Goods Sold Chart

Incitec Pivot Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,334.22 1,321.32 1,501.68 1,986.73 1,882.39

Incitec Pivot Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 772.94 1,287.53 917.69 998.91 760.79

Incitec Pivot 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,760 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.


Incitec Pivot  (OTCPK:INCZY) Cost of Goods Sold Explanation

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

Incitec Pivot's Gross Margin % for the six months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1557.311 - 760.786) / 1557.311
=51.15 %

* 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:

Incitec Pivot's Inventory Turnover for the six months ended in Mar. 2024 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.


Incitec Pivot Cost of Goods Sold Related Terms

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Incitec Pivot (Incitec Pivot) Business Description

Traded in Other Exchanges
Address
28 Freshwater Place, Level 8, Southbank, Melbourne, VIC, AUS, 3006
Incitec Pivot is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives contributes around 80% of EBIT. Incitec Pivot is also a major Australian fertilizer producer and distributor and is the only Australian manufacturer of ammonium phosphates and urea. Ammonium phosphates are sold in the domestic market and exported.

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