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Niska Gas Storage Partners LLC's cost of goods sold for the three months ended in Mar. 2016 was $5.51 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2016 was $29.81 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Niska Gas Storage Partners LLC's Gross Margin % for the three months ended in Mar. 2016 was 39.7%.
Cost of Goods Sold is also directly linked to Inventory Turnover. Niska Gas Storage Partners LLC's Inventory Turnover for the three months ended in Mar. 2016 was 0.09.
The historical data trend for Niska Gas Storage Partners LLC'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.
Niska Gas Storage Partners LLC Annual Data | |||||||||||||||||||
Trend | Mar08 | Mar09 | Mar10 | Mar11 | Mar12 | Mar13 | Mar14 | Mar15 | Mar16 | ||||||||||
Cost of Goods Sold | Get a 7-Day Free Trial | 43.98 | 32.54 | 40.83 | 39.23 | 29.81 |
Niska Gas Storage Partners LLC 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 | 6.78 | 7.96 | 8.63 | 7.71 | 5.51 |
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 $29.81 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.
Niska Gas Storage Partners LLC (NYSE:NKA) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Niska Gas Storage Partners LLC's Gross Margin % for the three months ended in Mar. 2016 is calculated as:
Gross Margin % | = | (Revenue | - | Cost of Goods Sold) | / | Revenue |
= | (9.144 | - | 5.514) | / | 9.144 | |
= | 39.7 % |
* 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:
Niska Gas Storage Partners LLC's Inventory Turnover for the three months ended in Mar. 2016 is calculated as:
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 5.514 | / | 61.141 | |
= | 0.09 |
* 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.
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Michael J Hennigan | director | 3807 WEST CHESTER PIKE, NEWTOWN SQUARE PA 19073 |
James G Jackson | director | 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071 |
Ralph Alexander | director | 1000 LOUISIANA, SUITE 1450, HOUSTON TX 77002 |
Shea William H Jr | director, officer: President & CEO | C/O NISKA GAS STORAGE PARTNERS LLC, 170 RADNOR CHESTER ROAD, SUITE 150, RADNOR PA 19087 |
Davis Bruce D Jr | officer: VP & Chief Administrative Offi | 400, 607 8TH AVENUE S.W., CALGARY A0 T2P 0A7 |
Deborah M Fretz | director | 1801 MARKET STREET, PHILADELPHIA PA 19103 |
Carlyle/riverstone Energy Partners Iii, L.p. | director, 10 percent owner | 712 FIFTH AVENUE, 51ST FLOOR, NEW YORK NY 10019 |
C/r Energy Gp Iii, Llc | director, 10 percent owner | 712 FIFTH AVENUE, 51ST FLOOR, NEW YORK NY 10019 |
Carlyle Group Inc. | 10 percent owner | C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004 |
Carlyle Group Management L.l.c. | 10 percent owner | C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505 |
Carlyle Holdings I Gp Inc. | 10 percent owner | C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505 |
Carlyle Holdings I Gp Sub L.l.c. | 10 percent owner | C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505 |
Carlyle Holdings I L.p. | 10 percent owner | C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505 |
Tc Group Sub L.p. | 10 percent owner | C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505 |
George A Obrien | director | C/O INTERNATIONAL PAPER, 400 ATLANTIC STREET, STAMFORD CT 06921 |
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