AET has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Aetna Inc's cost of goods sold for the three months ended in Dec. 2014 was $11,040 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2014 was $42,912 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Aetna Inc's Gross Margin for the three months ended in Dec. 2014 was 25.26%.
Cost of Goods Sold is also directly linked to Inventory Turnover.
Cost of goods sold (COGS) refers to the Inventory costs of those goods a business has sold during a particular period.
Aetna Inc Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2014 was 10155 (Mar. 2014 ) + 10840.4 (Jun. 2014 ) + 10876.1 (Sep. 2014 ) + 11040.2 (Dec. 2014 ) = $42,912 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Aetna Inc's Gross Margin for the three months ended in Dec. 2014 is calculated as:
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:
Aetna Inc's Inventory Turnover for the three months ended in Dec. 2014 is calculated as:
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.
Aetna Inc Annual Data
Aetna Inc Quarterly Data
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.