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NWF Group (LSE:NWF) Cost of Goods Sold : £934.3 Mil (TTM As of Nov. 2023)


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What is NWF Group Cost of Goods Sold?

NWF Group's cost of goods sold for the six months ended in Nov. 2023 was £469.6 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Nov. 2023 was £934.3 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NWF Group's Gross Margin % for the six months ended in Nov. 2023 was 0.7%.

Cost of Goods Sold is also directly linked to Inventory Turnover. NWF Group's Inventory Turnover for the six months ended in Nov. 2023 was 61.79.


NWF Group Cost of Goods Sold Historical Data

The historical data trend for NWF 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.

* Premium members only.

NWF Group Cost of Goods Sold Chart

NWF Group Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 640.40 646.20 637.70 823.30 999.80

NWF Group Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 406.40 416.90 535.10 464.70 469.60

NWF 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £934.3 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.


NWF Group  (LSE:NWF) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(472.9 - 469.6) / 472.9
=0.7 %

* 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:

NWF Group's Inventory Turnover for the six months ended in Nov. 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.


NWF Group Cost of Goods Sold Related Terms

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NWF Group (LSE:NWF) Business Description

Traded in Other Exchanges
N/A
Address
Wardle, Nantwich, Cheshire, GBR, CW5 6BP
NWF Group PLC is engaged in manufacturing and selling of animal feeds, the sales and distribution of fuel oils and the warehousing and distribution of ambient groceries. The company's operating segments include Food, Feeds, and Fuels. The Food segment is engaged in the warehousing and distribution of clients' ambient grocery and other products to supermarket and other retail distribution centers. The Feeds segment manufactures and sells animal feeds and other agricultural products. The Fuels segment is engaged in the sale and distribution of domestic heating, industrial and road fuels. The company generates maximum revenue from Fuels segment. It operates entirely in the United Kingdom.

NWF Group (LSE:NWF) Headlines

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