GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Vetropack Holding AG (XSWX:VETN) » Definitions » Cost of Goods Sold

Vetropack Holding AG (XSWX:VETN) Cost of Goods Sold : CHF348.9 Mil (TTM As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Vetropack Holding AG Cost of Goods Sold?

Vetropack Holding AG's cost of goods sold for the six months ended in Dec. 2023 was CHF172.6 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was CHF348.9 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vetropack Holding AG's Gross Margin % for the six months ended in Dec. 2023 was 58.99%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Vetropack Holding AG's Inventory Turnover for the six months ended in Dec. 2023 was 0.87.


Vetropack Holding AG Cost of Goods Sold Historical Data

The historical data trend for Vetropack Holding AG'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.

Vetropack Holding AG Cost of Goods Sold Chart

Vetropack Holding AG 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 208.20 185.60 280.00 366.40 348.90

Vetropack Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152.90 160.10 206.30 176.30 172.60

Vetropack Holding AG 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 CHF348.9 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.


Vetropack Holding AG  (XSWX:VETN) Cost of Goods Sold Explanation

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

Vetropack Holding AG's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(420.9 - 172.6) / 420.9
=58.99 %

* 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:

Vetropack Holding AG'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.


Vetropack Holding AG Cost of Goods Sold Related Terms

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


Vetropack Holding AG (XSWX:VETN) Business Description

Traded in Other Exchanges
Address
Schutzenmattstrasse 48, Bulach, CHE, 8180
Vetropack Holding AG is a glass packaging manufacturer serving the food and beverage industry. The company offers services including package design, production and just-in-time delivery to consulting and support services in the area of packaging analysis, bottling, conditioning, closure technology, decorative refinement, and labelling. It has its production and distribution facilities in Switzerland, Austria, the Czech Republic, Slovakia, Croatia, Ukraine, and Italy. The segment reporting used at the top management level for corporate management has just one segment (Glass packaging). The secondary segment Speciality glass comprises only trade revenue in Switzerland.

Vetropack Holding AG (XSWX:VETN) Headlines

No Headlines