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Amrep's cost of goods sold for the three months ended in Jan. 2024 was $10.94 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jan. 2024 was $30.48 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Amrep's Gross Margin % for the three months ended in Jan. 2024 was 13.82%.
Cost of Goods Sold is also directly linked to Inventory Turnover. Amrep's Inventory Turnover for the three months ended in Jan. 2024 was 0.17.
The historical data trend for Amrep'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.
Amrep Annual Data | |||||||||||||||||||||
Trend | Apr14 | Apr15 | Apr16 | Apr17 | Apr18 | Apr19 | Apr20 | Apr21 | Apr22 | Apr23 | |||||||||||
Cost of Goods Sold | Get a 7-Day Free Trial | 10.78 | 13.79 | 25.60 | 32.27 | 29.78 |
Amrep Quarterly Data | ||||||||||||||||||||
Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
Cost of Goods Sold | Get a 7-Day Free Trial | 5.68 | 6.60 | 6.69 | 6.26 | 10.94 |
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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $30.48 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.
Amrep (NYSE:AXR) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Amrep's Gross Margin % for the three months ended in Jan. 2024 is calculated as:
Gross Margin % | = | (Revenue | - | Cost of Goods Sold) | / | Revenue |
= | (12.689 | - | 10.936) | / | 12.689 | |
= | 13.82 % |
* 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:
Amrep's Inventory Turnover for the three months ended in Jan. 2024 is calculated as:
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 10.936 | / | 65.9885 | |
= | 0.17 |
* 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.
Thank you for viewing the detailed overview of Amrep's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.
James H Dahl | 10 percent owner | 1200 RIVERPLACE BLVD SUITE 902, 1200 RIVERPLACE BLVD SUITE 902, JACKSONVILLE FL 32207 |
Robert Robotti | director | 125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017 |
Cloues Edward B Ii | director | PENN VIRGINIA CORPORATION, FOUR RADNOR CORP. CTR., SUITE 200, RADNOR PA 19087 |
Rainey E. Lancaster | 10 percent owner | 1 APPLE PARK WAY, CUPERTINO CA 95014 |
Nick G Karabots | director, 10 percent owner | |
Gate City Capital Management, Llc | 10 percent owner | 425 S. FINANCIAL PLACE, STE 910A, CHICAGO IL 60605 |
Theodore J. Gaasche | director | 1521 GREEN VALLEY DRIVE, COLLEGEVILLE PA 19426 |
Adrienne Uleau | officer: VP, Finance & Accounting | 1142 MYRTLEWOOD AVE, HAVERTOWN PA 19083 |
Heinrich Bauer (usa) Llc | 10 percent owner | 270 SYLVAN AVE, ENGELWOOD CLIFFS NJ 07632 |
Mcmonagle James Michael Jr | officer: VP and Chief Financial Officer | 620 W. GERMANTOWN PIKE, SUITE 175, PLYMOUTH MEETING PA 19462 |
Robert E Wisniewski | officer: EVP and CFO | C/O K-TRON INTERNATIONAL, INC., ROUTES 55 & 553, PO BOX 888, PITMAN NJ 08071 |
Clifford Robert Martin | officer: VP and Chief Financial Officer | AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540 |
Rory Burke | officer: Pres&CEO, Palm Coast Data, LLC | C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540 |
Christopher V Vitale | officer: Vice Pres., Gen. Counsel & Sec | AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540 |
Peter M. Pizza | officer: Vice President and CFO | C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540 |
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