GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pactiv Evergreen Inc (FRA:PEG) » Definitions » Cost of Goods Sold

Pactiv Evergreen (FRA:PEG) Cost of Goods Sold : €4,152 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Pactiv Evergreen Cost of Goods Sold?

Pactiv Evergreen's cost of goods sold for the three months ended in Mar. 2024 was €949 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was €4,152 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Pactiv Evergreen's Gross Margin % for the three months ended in Mar. 2024 was 17.65%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Pactiv Evergreen's Inventory Turnover for the three months ended in Mar. 2024 was 1.17.


Pactiv Evergreen Cost of Goods Sold Historical Data

The historical data trend for Pactiv Evergreen'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.

Pactiv Evergreen Cost of Goods Sold Chart

Pactiv Evergreen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,909.60 3,262.52 4,303.76 4,930.51 4,380.51

Pactiv Evergreen Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,229.14 1,238.67 1,028.83 936.26 948.52

Pactiv Evergreen 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,152 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.


Pactiv Evergreen  (FRA:PEG) Cost of Goods Sold Explanation

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

Pactiv Evergreen's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1151.84 - 948.52) / 1151.84
=17.65 %

* 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:

Pactiv Evergreen's Inventory Turnover for the three months ended in Mar. 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.


Pactiv Evergreen Cost of Goods Sold Related Terms

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


Pactiv Evergreen (FRA:PEG) Business Description

Traded in Other Exchanges
Address
1900 West Field Court, Lake Forest, IL, USA, 60045
Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.