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Global Fashion Group (XTER:GFG) Cost of Goods Sold : €485.1 Mil (TTM As of Dec. 2023)


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What is Global Fashion Group Cost of Goods Sold?

Global Fashion Group's cost of goods sold for the six months ended in Dec. 2023 was €238.4 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was €485.1 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Global Fashion Group's Gross Margin % for the six months ended in Dec. 2023 was 42.65%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Global Fashion Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.94.


Global Fashion Group Cost of Goods Sold Historical Data

The historical data trend for Global Fashion 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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Global Fashion Group Cost of Goods Sold Chart

Global Fashion Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 806.20 773.50 587.60 616.50 485.10

Global Fashion Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 205.60 294.30 322.20 246.70 238.40

Global Fashion 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 €485.1 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.


Global Fashion Group  (XTER:GFG) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(415.7 - 238.4) / 415.7
=42.65 %

* 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:

Global Fashion 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.


Global Fashion Group Cost of Goods Sold Related Terms

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Global Fashion Group (XTER:GFG) Business Description

Traded in Other Exchanges
Address
5, Heienhaff, Senningerberg, LUX, L-1736
Global Fashion Group SA is an online fashion portal operating under various brands such as The Iconic, Zalora, Dafiti and Lamoda. The business segments of the company include Asia Pacific(APAC), Latin America(LATAM), and the Commonwealth of Independent States(CIS). Majority revenue is generated from ANZ segment; It operates under The Iconic banner in Australia and New Zealand.
Executives
Partan Limited PCA to Cynthia Gordon, PDMR and Chairperson of the Supervisory Board of Global Fashion Group S.A.
Patrick Schmidt Co-CEO and member of the management board
Matthew Price CFO and member of the management board

Global Fashion Group (XTER:GFG) Headlines

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