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ESCO Technologies (ESCO Technologies) Cost of Goods Sold : $588.1 Mil (TTM As of Dec. 2023)


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What is ESCO Technologies Cost of Goods Sold?

ESCO Technologies's cost of goods sold for the three months ended in Dec. 2023 was $134.2 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $588.1 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ESCO Technologies's Gross Margin % for the three months ended in Dec. 2023 was 38.55%.

Cost of Goods Sold is also directly linked to Inventory Turnover. ESCO Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 0.69.


ESCO Technologies Cost of Goods Sold Historical Data

The historical data trend for ESCO Technologies'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.

ESCO Technologies Cost of Goods Sold Chart

ESCO Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 438.00 458.31 445.05 525.46 580.38

ESCO Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 126.38 142.30 147.27 164.42 134.15

ESCO Technologies 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $588.1 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.


ESCO Technologies  (NYSE:ESE) Cost of Goods Sold Explanation

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

ESCO Technologies's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(218.314 - 134.151) / 218.314
=38.55 %

* 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:

ESCO Technologies's Inventory Turnover for the three months ended in Dec. 2023 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.


ESCO Technologies Cost of Goods Sold Related Terms

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ESCO Technologies (ESCO Technologies) Business Description

Traded in Other Exchanges
Address
9900A Clayton Road, Saint Louis, MO, USA, 63124-1186
ESCO Technologies Inc sells engineered products and systems for utility, industrial, aerospace, and commercial applications. The firm operates in three segments: Aerospace and Defense, Utility Solutions Group (USG) and RF Shielding and Test (Test). The Aerospace and Defense segment designs and manufactures specialty filtration and naval products. The USG segment provides diagnostic testing solutions. The Test segment provides its customers with the ability to identify, measure and contain magnetic, electromagnetic and acoustic energy.
Executives
Bryan H Sayler director, officer: CEO & President ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Christopher L Tucker officer: Sr. Vice President & CFO ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
David M Schatz officer: Sr. VP, Sec'y & Gen. Counsel ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Janice L. Hess director ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Gloria L Valdez director ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Larry W Solley director C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST LOUIS MO 63124
James M Stolze director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST LOUIS MO 63124
Alyson S Barclay officer: V.P., Secretary & Gen. Coun. C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Gary E Muenster officer: VP CFO C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Patrick M Dewar director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Vinod M Khilnani director 905 WEST BLVD NORTH, ELKHART IN 46514
Robert J Phillippy director
Leon J Olivier director EVERSOURCE ENERGY, 56 PROSPECT STREET, HARTFORD CT 06103
James D Woods director C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
James M Mcconnell director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124