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ACI Worldwide (ACI Worldwide) Cost of Goods Sold : $719 Mil (TTM As of Dec. 2023)


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What is ACI Worldwide Cost of Goods Sold?

ACI Worldwide's cost of goods sold for the three months ended in Dec. 2023 was $182 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $719 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ACI Worldwide's Gross Margin % for the three months ended in Dec. 2023 was 61.88%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


ACI Worldwide Cost of Goods Sold Historical Data

The historical data trend for ACI Worldwide'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.

ACI Worldwide Cost of Goods Sold Chart

ACI Worldwide 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 617.45 622.46 638.87 696.07 719.21

ACI Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 178.70 178.55 181.34 177.63 181.69

ACI Worldwide 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 quarterly data reported by the company within the most recent 12 months, which was $719 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.


ACI Worldwide  (NAS:ACIW) Cost of Goods Sold Explanation

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

ACI Worldwide's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(476.563 - 181.689) / 476.563
=61.88 %

* 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:

ACI Worldwide's Inventory Turnover for the three 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.


ACI Worldwide Cost of Goods Sold Related Terms

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ACI Worldwide (ACI Worldwide) Business Description

Traded in Other Exchanges
Address
2811 Ponce de Leon Boulevard, PH 1, Coral Gables, FL, USA, 33134
ACI Worldwide Inc develops, markets, and installs a portfolio of software products primarily focused on facilitating electronic payments. The firm also leverages its distribution network in the Americas; Europe, the Middle East, and Africa, or EMEA; and Asia-Pacific regions to sell software developed by third parties. ACI software products process payment transactions for retail banking clients, billers such as utilities and healthcare providers, and community banks and credit unions. ACI's customers are financial institutions all over the world, but most of the revenue is generated in the United States and EMEA regions.
Executives
Alessandro Silva officer: Chief Revenue Officer 6060 COVENTRY DRIVE, ELKHORN NE 68022
Scott W Behrens officer: SVP, CAO and Controller 6060 COVENTRY DRIVE, ELKHORN NE 68022
Deborah L Guerra officer: Chief Product Officer 6060 COVENTRY DRIVE, ELKHORN NE 68022
Warsop Thomas W Iii director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Ram Kumar Puppala officer: Chief Technology Officer 6060 COVENTRY DRIVE, ELKHORN NE 68022
Adalio T Sanchez director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Odilon Almeida officer: President and CEO 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Didier R Lamouche director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Janet O Estep director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Jeremy Wilmot officer: EVP, Group President, AOP 6060 COVENTRY DRIVE, ELKHORN NE 68022
Mary P Harman director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Samir Michael Zabaneh director 90 NASSAU STREET, 2ND FLOOR, HEARTLAND PAYMENT SYSTEMS, PRINCETON NJ 08542
Charles K Bobrinskoy director C/O INNERWORKINGS, INC., 600 WEST CHICAGO AVENUE, SUITE 850, CHICAGO IL 60654
Alvaro Monserrat officer: Chief Revenue Officer 2400 ACORN PALM ROAD, BOCA RATON FL 33432
Craig S Saks officer: Group President 6060 COVENTRY DRIVE, ELKHORN NE 68022