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Stratus Properties (Stratus Properties) Cost of Goods Sold : $19.05 Mil (TTM As of Dec. 2023)


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What is Stratus Properties Cost of Goods Sold?

Stratus Properties's cost of goods sold for the three months ended in Dec. 2023 was $3.75 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $19.05 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Stratus Properties's Gross Margin % for the three months ended in Dec. 2023 was 12.23%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Stratus Properties's Inventory Turnover for the three months ended in Dec. 2023 was 0.82.


Stratus Properties Cost of Goods Sold Historical Data

The historical data trend for Stratus Properties'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.

Stratus Properties Cost of Goods Sold Chart

Stratus Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.31 37.41 24.21 31.79 19.05

Stratus Properties 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 12.89 6.68 4.81 3.82 3.75

Stratus Properties 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 $19.05 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.


Stratus Properties  (NAS:STRS) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(4.269 - 3.747) / 4.269
=12.23 %

* 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:

Stratus Properties'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.


Stratus Properties Cost of Goods Sold Related Terms

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Stratus Properties (Stratus Properties) Business Description

Traded in Other Exchanges
Address
212 Lavaca Street, Suite 300, Austin, TX, USA, 78701
Stratus Properties Inc is a diversified real estate company operating in the United States. It is engaged in the acquisition, entitlement, development, management, operation and sale of commercial, multi- and single-family residential real estate properties, located in the Austin Texas area and other select markets in Texas. It operates its business through two segments namely, Real Estate Operations and Leasing Operations.
Executives
Rhone Neville L. Jr. director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Kate Henriksen director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Laurie L. Dotter director 3615 WEST LAWTHER DRIVE, DALLAS TX 75214
Michael D Madden director 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
James Joseph director
Charles W. Porter director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
James Leslie director 5924 ROYAL LANE, SUITE 250, DALLAS TX 75230
Erin D Pickens officer: Senior VP & CFO 1775 BROADWAY 23RD FLR, NEW YORK NY 10019
Armstrong William H Iii director, officer: Chair of Board, President, CEO 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
Oasis Investments Ii Master Fund Ltd. 10 percent owner UGLAND HOUSE PO BOX 309, GRAND CAYMAN E9 KY1-1104
Ella Gendel director 300 WEST 6TH STREET, SUITE 1550, AUSTIN TX 78701
Carl E Berg 10 percent owner, other: See Remarks C/O BERG & BERG DEVELOPERS, 10050 BANDLEY DR, CUPERTINO CA 95014
Seth Fischer 10 percent owner C/O OASIS MANAGEMENT (HONG KONG) LLC, 21/F MAN YEE BUILDING, 68 DES VOEUX ROAD, CENTRAL K3
Oasis Management Co Ltd. 10 percent owner 4TH FLOOR ANDERSON SQUARE,, 64 SHEDDEN ROAD, P.O. BOX 10324, GRAND CAYMAN E9 KY-1103
David M Dean other: See Remarks 16200 ADDISON ROAD, SUITE 220, ADDISON TX 75001

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