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Tahoe Resources (Tahoe Resources) Cost of Goods Sold : $486.6 Mil (TTM As of Sep. 2018)


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What is Tahoe Resources Cost of Goods Sold?

Tahoe Resources's cost of goods sold for the three months ended in Sep. 2018 was $113.8 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2018 was $486.6 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tahoe Resources's Gross Margin % for the three months ended in Sep. 2018 was -1.79%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Tahoe Resources's Inventory Turnover for the three months ended in Sep. 2018 was 0.87.


Tahoe Resources Cost of Goods Sold Historical Data

The historical data trend for Tahoe Resources'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.

Tahoe Resources Cost of Goods Sold Chart

Tahoe Resources Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cost of Goods Sold
Get a 7-Day Free Trial 41.67 195.04 340.02 494.73 551.99

Tahoe Resources Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 127.10 132.60 124.61 115.56 113.79

Tahoe Resources 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 Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $486.6 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.


Tahoe Resources  (NYSE:TAHO) Cost of Goods Sold Explanation

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

Tahoe Resources's Gross Margin % for the three months ended in Sep. 2018 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(111.788 - 113.794) / 111.788
=-1.79 %

* 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:

Tahoe Resources's Inventory Turnover for the three months ended in Sep. 2018 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.


Tahoe Resources Cost of Goods Sold Related Terms

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Tahoe Resources (Tahoe Resources) Business Description

Traded in Other Exchanges
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Address
Tahoe Resources Inc is a Canadian mining company focused on the production of precious metals in the Americas. The majority of the company's revenue is derived from silver, with a contribution generated from gold production. Sales of lead and zinc, produced largely as by-products, make up the remainder of Tahoe's consolidated revenue. The company operates the Timmins West and Bell Creek gold mines domestically, the Escobal silver mine in Guatemala, and the La Arena and Shahuindo gold mines in Peru.

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