Discontinued — last reported Q3 '24
Wesco International Shipping and Handling — Cost of goods sold increased by 6.9% to $80.90M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $76.40M to $80.90M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue suggests margin compression due to rising fuel, labor, or carrier costs, whereas a decrease indicates improved procurement of logistics services or better operational throughput.
This metric captures the direct costs attributable to the production or procurement of shipping and handling services pr...
Comparable to 'Cost of Logistics' or 'Freight Out' expenses reported by other industrial distributors and supply chain service providers.
wcc_segment_shipping_and_handling_cost_of_goods_sold| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $62.70M | $63.50M | $67.60M | $76.50M | $77.90M | $76.90M | $79.10M | $76.40M | $69.60M | $75.70M | $80.90M |
| QoQ Change | — | +1.3% | +6.5% | +13.2% | +1.8% | -1.3% | +2.9% | -3.4% | -8.9% | +8.8% | +6.9% |
| YoY Change | — | — | — | +22.0% | +22.7% | +13.8% | +3.4% | -1.9% | -9.5% | -4.3% | +5.9% |