GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Univar Solutions Inc (NYSE:UNVR) » Definitions » Cost of Goods Sold

Univar Solutions (Univar Solutions) Cost of Goods Sold : $8,265 Mil (TTM As of Jun. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Univar Solutions Cost of Goods Sold?

Univar Solutions's cost of goods sold for the three months ended in Jun. 2023 was $1,949 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2023 was $8,265 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Univar Solutions's Gross Margin % for the three months ended in Jun. 2023 was 24.27%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Univar Solutions's Inventory Turnover for the three months ended in Jun. 2023 was 1.87.


Univar Solutions Cost of Goods Sold Historical Data

The historical data trend for Univar Solutions'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.

Univar Solutions Cost of Goods Sold Chart

Univar Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,732.40 7,146.10 6,262.80 7,142.30 8,704.10

Univar Solutions Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2,280.60 2,277.40 1,993.00 2,045.60 1,949.30

Univar Solutions 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,265 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.


Univar Solutions  (NYSE:UNVR) Cost of Goods Sold Explanation

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

Univar Solutions's Gross Margin % for the three months ended in Jun. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(2574.1 - 1949.3) / 2574.1
=24.27 %

* 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:

Univar Solutions's Inventory Turnover for the three months ended in Jun. 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.


Univar Solutions Cost of Goods Sold Related Terms

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


Univar Solutions (Univar Solutions) Business Description

Traded in Other Exchanges
N/A
Address
3075 Highland Parkway, Suite 200, Downers Grove, IL, USA, 60515
Univar Solutions Inc is distributor of commodity and specialty chemicals and ingredients, as well as a provider of value-added services, to customers across a wide range of diverse industries.. The company sells chemicals to a variety of end-users including customers in the food ingredients, beauty and personal care, pharmaceutical ingredients & finished products, CASE, chemical manufacturing, homecare and industrial cleaning and mining. The company organizes itself into four segments based on geography: the United States; Canada; Europe and the Middle East and Africa; and the rest of the world. The majority of revenue comes from the United States.
Executives
Varun Laroyia director 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
James B Holcomb officer: SVP, President North America 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Nicholas W Alexos officer: EVP, CFO C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Nicholas Powell officer: President, EMEA & APAC 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Pat Jerding officer: SVP, Chief Information Officer 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Stephen D Newlin director 22 W FRONTAGE ROAD, NORTHFIELD IL 60093
Christopher D Pappas director C/O 76 SOUTH MAIN STREET, AKRON OH 44308
David Jukes director, officer: President and CEO 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Kelly O'hanlon officer: Principal Accounting Officer 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Jennifer Mcintyre officer: SVP, Chief Integration Officer 3075 HIGHLAND PARKWAY, 200, DOWNERS GROVE IL 60515
Jonathan Webster officer: SVP, Chief Streamline Officer 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Richard P Fox director
Noelle J Perkins officer: SVP, General Counsel Secretary 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE TX 60515
William S Stavropoulos director
Joan A. Braca director 1200 WILLOW LAKE BLVD, P.O. BOX 64683, ST. PAUL MN 55110