GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Williams Grand Prix Holdings PLC (XTER:WGF1) » Definitions » Cost of Goods Sold

Williams Grand Prix Holdings (XTER:WGF1) Cost of Goods Sold : €43.5 Mil (TTM As of Dec. 2019)


View and export this data going back to 2011. Start your Free Trial

What is Williams Grand Prix Holdings Cost of Goods Sold?

Williams Grand Prix Holdings's cost of goods sold for the six months ended in Dec. 2019 was €-1.3 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2019 was €43.5 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Williams Grand Prix Holdings's Gross Margin % for the six months ended in Dec. 2019 was 106.06%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Williams Grand Prix Holdings's Inventory Turnover for the six months ended in Dec. 2019 was -0.25.


Williams Grand Prix Holdings Cost of Goods Sold Historical Data

The historical data trend for Williams Grand Prix Holdings'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.

Williams Grand Prix Holdings Cost of Goods Sold Chart

Williams Grand Prix Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.05 68.71 75.29 39.19 45.77

Williams Grand Prix Holdings Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 39.05 45.14 -4.93 44.81 -1.35

Williams Grand Prix Holdings 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was €43.5 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.


Williams Grand Prix Holdings  (XTER:WGF1) Cost of Goods Sold Explanation

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

Williams Grand Prix Holdings's Gross Margin % for the six months ended in Dec. 2019 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(22.178 - -1.345) / 22.178
=106.06 %

* 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:

Williams Grand Prix Holdings's Inventory Turnover for the six months ended in Dec. 2019 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.


Williams Grand Prix Holdings Cost of Goods Sold Related Terms

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


Williams Grand Prix Holdings (XTER:WGF1) Business Description

Traded in Other Exchanges
N/A
Address
Grove, Wantage, Oxfordshire, GBR, OX12 0DQ
Williams Grand Prix Holdings PLC is the United States-based holding company. Its operations include the design, manufacture, and entry of race cars for the Formula One World Championship. Its segments include Formula One and Other. It is involved in sponsorship, commercial rights, and engineering services. The major part of its revenue is derived from Formula One segment.

Williams Grand Prix Holdings (XTER:WGF1) Headlines

No Headlines