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Progressive Waste Solutions (Progressive Waste Solutions) Cost of Goods Sold : $1,236 Mil (TTM As of Mar. 2016)


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What is Progressive Waste Solutions Cost of Goods Sold?

Progressive Waste Solutions's cost of goods sold for the three months ended in Mar. 2016 was $303 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2016 was $1,236 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Progressive Waste Solutions's Gross Margin % for the three months ended in Mar. 2016 was 35.83%.

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


Progressive Waste Solutions Cost of Goods Sold Historical Data

The historical data trend for Progressive Waste Solutions'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.

Progressive Waste Solutions Cost of Goods Sold Chart

Progressive Waste Solutions Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,094.07 1,154.76 1,249.25 1,246.18 1,231.38

Progressive Waste Solutions Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 297.50 319.89 308.22 305.77 302.54

Progressive Waste Solutions 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 Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,236 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.


Progressive Waste Solutions  (NYSE:BIN) Cost of Goods Sold Explanation

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

Progressive Waste Solutions's Gross Margin % for the three months ended in Mar. 2016 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(471.438 - 302.543) / 471.438
=35.83 %

* 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:

Progressive Waste Solutions's Inventory Turnover for the three months ended in Mar. 2016 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.


Progressive Waste Solutions Cost of Goods Sold Related Terms

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Progressive Waste Solutions (Progressive Waste Solutions) Business Description

Traded in Other Exchanges
N/A
Address
Progressive Waste Solutions Ltd was incorporated on May 20, 2009 under the provisions of the Business Corporations Act (Ontario). The Company provides vertically integrated non-hazardous solid waste services to commercial, industrial, municipal and residential customers in Canada and the U.S. The Company carries on business through three geographic segments: Canada, the U.S. South and the U.S. Northeast. The business segments are vertically integrated and their operations include the collection and disposal of waste and recyclable materials, transfer station operations, material recovery facilities, landfills and landfill gas to energy facilities.
Executives
James Little officer: Executive VP Engineering 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Edward E Guillet director C/O WASTE CONNECTIONS, INC, 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3
Elise Lipman Jordan director 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Ronald J Mittelstaedt director, officer: Executive Chairman 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Jason Craft officer: Sr Vice President-Operations 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Worthing Jackman director, officer: President and CEO 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Michael W Harlan director C/O WASTE CONNECTIONS, INC., 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3
Patrick James Shea officer: Exec VP, General Counsel & Sec 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
David M Hall officer: Sr. Vice President - Sales 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Mary Anne Whitney officer: Sr Vice President & CFO 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Matthew Stephen Black officer: Sr. Vice President - Tax 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
David Eddie officer: Sr. VP & Chief Accting Officer 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Eric Hansen officer: Senior Vice President and CIO 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Darrell W Chambliss officer: EVP & COO 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
William J Razzouk director C/O WASTE CONNECTIONS, INC, 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3

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