GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Whole Foods Market Inc (XSWX:WFM) » Definitions » Cost of Goods Sold

Whole Foods Market (XSWX:WFM) Cost of Goods Sold : CHF10,418 Mil (TTM As of Jun. 2017)


View and export this data going back to 2014. Start your Free Trial

What is Whole Foods Market Cost of Goods Sold?

Whole Foods Market's cost of goods sold for the three months ended in Jun. 2017 was CHF2,379 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2017 was CHF10,418 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Whole Foods Market's Gross Margin % for the three months ended in Jun. 2017 was 34.04%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Whole Foods Market's Inventory Turnover for the three months ended in Jun. 2017 was 4.87.


Whole Foods Market Cost of Goods Sold Historical Data

The historical data trend for Whole Foods Market'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.

Whole Foods Market Cost of Goods Sold Chart

Whole Foods Market Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,079.86 7,650.65 8,573.55 9,698.74 10,036.61

Whole Foods Market Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 2,343.28 2,241.28 3,331.40 2,466.70 2,378.62

Whole Foods Market 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF10,418 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.


Whole Foods Market  (XSWX:WFM) Cost of Goods Sold Explanation

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

Whole Foods Market's Gross Margin % for the three months ended in Jun. 2017 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(3606.173 - 2378.622) / 3606.173
=34.04 %

* 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:

Whole Foods Market's Inventory Turnover for the three months ended in Jun. 2017 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.


Whole Foods Market Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Whole Foods Market's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Whole Foods Market (XSWX:WFM) Business Description

Traded in Other Exchanges
N/A
Address
Whole Foods Market is the world's leading retailer of natural and organic foods by units and is the first certified organic grocer in the United States. Whole Foods' only operating segment consists of natural and organic foods supermarkets. As of fiscal 2016, the company had 456 stores in the United States, Canada, and the United Kingdom. The average store size is about 39,000 square feet. About 15% of the company's sales were derived from the sale of private-label products. The company announced a pending acquisition by Amazon in June 2017.

Whole Foods Market (XSWX:WFM) Headlines

From GuruFocus

Whole Foods: A Year to Forget

By The Science of Hitting The Science of Hitting 11-07-2016

Whole Food Markets Attractive At Current Levels

By Faisal Humayun Faisal Humayun 08-21-2015

Whole Foods Market Trying to Survive Despite Challenges

By Mrinalini Chaudhuri Mrinalini Chaudhuri 05-25-2016

Has Whole Foods Compromised Its Brand?

By Shudeep Chandrasekhar Shudeep Chandrasekhar 09-01-2016

Whole Foods: A Lost Decade

By The Science of Hitting The Science of Hitting 08-27-2015

Changing My Mind on Whole Foods

By The Science of Hitting The Science of Hitting 08-04-2016

The Market Undervalues Whole Foods

By Mark Yu Mark Yu 11-10-2016

Why Investors Need Not Worry About Whole Foods' Revenue Miss

By Grassroot Research Grassroot Research 05-12-2015

Why Dividend Investors Need to Be Cautious

By Ben Reynolds Ben Reynolds 12-20-2016

Whole Foods Market Update: Did I Make a Mistake?

By Jae Jun Jae Jun 03-16-2016