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Lacroix Group (XPAR:LACR) Cost of Goods Sold : €534.4 Mil (TTM As of Dec. 2023)


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What is Lacroix Group Cost of Goods Sold?

Lacroix Group's cost of goods sold for the six months ended in Dec. 2023 was €260.1 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was €534.4 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lacroix Group's Gross Margin % for the six months ended in Dec. 2023 was 30.36%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Lacroix Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.72.


Lacroix Group Cost of Goods Sold Historical Data

The historical data trend for Lacroix Group'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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Lacroix Group Cost of Goods Sold Chart

Lacroix Group Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 325.13 326.40 377.35 339.73 495.66

Lacroix Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 169.51 236.29 259.37 274.33 260.05

Lacroix Group 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 €534.4 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.


Lacroix Group  (XPAR:LACR) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(373.409 - 260.054) / 373.409
=30.36 %

* 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:

Lacroix Group'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.


Lacroix Group Cost of Goods Sold Related Terms

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Lacroix Group (XPAR:LACR) Business Description

Traded in Other Exchanges
Address
8, impasse du Bourrelier, B.P. 30 004, Saint Herblain cedex, FRA, 44801
Lacroix Group is engaged in the design and production of consumer electronic equipment, in particular in the automotive, home automation, aeronautical, industrial and health sectors.

Lacroix Group (XPAR:LACR) Headlines

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