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Saga (LSE:SAGA) Cost of Goods Sold : £301.1 Mil (TTM As of Jan. 2024)


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What is Saga Cost of Goods Sold?

Saga's cost of goods sold for the six months ended in Jan. 2024 was £157.8 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jan. 2024 was £301.1 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Saga's Gross Margin % for the six months ended in Jan. 2024 was 58.8%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Saga's Inventory Turnover for the six months ended in Jan. 2024 was 19.97.


Saga Cost of Goods Sold Historical Data

The historical data trend for Saga'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.

Saga Cost of Goods Sold Chart

Saga Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 425.90 100.20 143.30 248.50 301.10

Saga Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 94.70 117.00 131.50 143.30 157.80

Saga 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £301.1 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.


Saga  (LSE:SAGA) Cost of Goods Sold Explanation

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

Saga's Gross Margin % for the six months ended in Jan. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(383 - 157.8) / 383
=58.8 %

* 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:

Saga's Inventory Turnover for the six months ended in Jan. 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.


Saga Cost of Goods Sold Related Terms

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Saga (LSE:SAGA) Business Description

Traded in Other Exchanges
Address
3 Pancras Square, London, GBR, N1C 4AG
Saga PLC is a diversified insurance company that also offers lifestyle products and services. The company operates in two main segments: insurance, Cruise and travel. The company generates the vast majority of its revenue from the insurance segment, specifically through premiums and credit income. This segment offers retail motor broking, retail home broking, and underwriting products and services. The travel segment provides group tours, holiday packages, and cruises. Saga's customers are people aged 50 and older, and all revenue comes from the United Kingdom and also from Cruise and travel segment.

Saga (LSE:SAGA) Headlines

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