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EMCOR Group's cost of goods sold for the three months ended in Mar. 2024 was $2,843 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $10,882 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. EMCOR Group's Gross Margin % for the three months ended in Mar. 2024 was 17.17%.
Cost of Goods Sold is also directly linked to Inventory Turnover. EMCOR Group's Inventory Turnover for the three months ended in Mar. 2024 was 25.32.
The historical data trend for EMCOR Group'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.
EMCOR Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cost of Goods Sold | Get a 7-Day Free Trial | 7,818.74 | 7,401.68 | 8,401.84 | 9,472.53 | 10,493.53 |
EMCOR Group Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cost of Goods Sold | Get a 7-Day Free Trial | 2,454.37 | 2,555.56 | 2,662.13 | 2,821.48 | 2,842.97 |
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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,882 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.
EMCOR Group (NYSE:EME) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
EMCOR Group's Gross Margin % for the three months ended in Mar. 2024 is calculated as:
Gross Margin % | = | (Revenue | - | Cost of Goods Sold) | / | Revenue |
= | (3432.276 | - | 2842.967) | / | 3432.276 | |
= | 17.17 % |
* 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.
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:
EMCOR Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as:
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 2842.967 | / | 112.2625 | |
= | 25.32 |
* 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 EMCOR Group's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.
R Kevin Matz | officer: SVP, Admin & Strategic Service | 301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851 |
Anthony Guzzi | officer: President & COO | 301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851 |
Mark A Pompa | officer: SVP, CAO & Treasurer | 301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851 |
Maxine Lum Mauricio | officer: SVP and General Counsel | 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP INC., NORWALK CT 06851 |
Jason R Nalbandian | officer: SVP & Chief Accounting Officer | 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851 |
Rebecca A Weyenberg | director | 1725 SHEPHERD RD, CHATTANOOGA TN 37421 |
Carol P Lowe | director | 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104 |
M Kevin Mcevoy | director | C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011 |
William P Reid | director | 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851 |
Hamm Richard F Jr | director | 6370 OXBOW BEND, CHANHASSEN MN 55317 |
Ronald L Johnson | director | 3344 PEACHTREE STREET NE, #3403, ATLANTA GA 30326 |
John W Altmeyer | director | 946 HIGHMEADOW COURT, LANCASTER PA 17601 |
Brown David A B | director | |
Robin A Walker-lee | director | C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150 |
Jerry E Ryan | director | 3201 EAST 65TH, TULSA OK 74136 |
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