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BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Cost of Goods Sold : $380.2 Mil (TTM As of Sep. 2017)


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What is BreitBurn Energy Partners LP Cost of Goods Sold?

BreitBurn Energy Partners LP's cost of goods sold for the three months ended in Sep. 2017 was $91.7 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2017 was $380.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. BreitBurn Energy Partners LP's Gross Margin % for the three months ended in Sep. 2017 was 33.42%.

Cost of Goods Sold is also directly linked to Inventory Turnover. BreitBurn Energy Partners LP's Inventory Turnover for the three months ended in Sep. 2017 was 37.31.


BreitBurn Energy Partners LP Cost of Goods Sold Historical Data

The historical data trend for BreitBurn Energy Partners LP'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.

BreitBurn Energy Partners LP Cost of Goods Sold Chart

BreitBurn Energy Partners LP Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 195.78 262.82 355.68 455.19 363.93

BreitBurn Energy Partners LP Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 90.14 95.02 99.79 93.72 91.70

BreitBurn Energy Partners LP 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 Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $380.2 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.


BreitBurn Energy Partners LP  (OTCPK:BBEPQ) Cost of Goods Sold Explanation

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

BreitBurn Energy Partners LP's Gross Margin % for the three months ended in Sep. 2017 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(137.72 - 91.696) / 137.72
=33.42 %

* 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:

BreitBurn Energy Partners LP's Inventory Turnover for the three months ended in Sep. 2017 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.


BreitBurn Energy Partners LP Cost of Goods Sold Related Terms

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BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Breitburn Energy Partners LP is engaged in the oil and gas market. It is an independent oil and gas partnership focused on the acquisition, exploitation, and development of oil, natural gas liquid (NGL) and natural gas properties in the United States. Its midstream assets include transmission and gathering pipelines, gas processing plants, NGL recovery plants, a controlling interest in a salt water disposal company.
Executives
Thomas E Thurmond officer: Senior Vice President 515 S. FLOWER STREET SUITE 4800, LOS ANGELES CA 90071
Randall Hart Breitenbach director BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Donald D Wolf director 1670 BROADWAY SUITE 2800, DENVER CO 80202
Gregory J Moroney director 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Butler John R Jr director ANADARKO PETROLEUM CORPORATION, 1201 LAKE ROBBINS DR., THE WOODLANDS CA 77380
Charles S Weiss director 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
James G Jackson officer: Executive VP and CFO 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Halbert S Washburn director, officer: Chief Executive Officer 515 SOUTH FLOWER STREET 48TH FLOOR, SUITE 4800, LOS ANGELES CA 90071
Gregory C Brown officer: EVP, Gen. Counsel, CAO C/O BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Mark L Pease officer: President and COO C/O ANADARKO PETROLEUM CORP, 1201 LAKE ROBBINS DR, THE WOODLANDS CA 77380
David B Kilpatrick director 35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Willis Jackson Washburn officer: Senior Vice President C/O BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Bruce D Mcfarland officer: VP and Treasurer BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Lawrence C Smith officer: VP, Controller & Chf Actg Ofcr 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Kurt Talbot director C/O EIG MANAGEMENT COMPANY, LLC, 1700 PENNSYLVANIA AVE NW, SUITE 800, WASHINGTON NY 20006