GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TTM Technologies Inc (NAS:TTMI) » Definitions » Cost of Goods Sold

TTM Technologies (TTM Technologies) Cost of Goods Sold : $1,819 Mil (TTM As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is TTM Technologies Cost of Goods Sold?

TTM Technologies's cost of goods sold for the three months ended in Dec. 2023 was $454 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $1,819 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. TTM Technologies's Gross Margin % for the three months ended in Dec. 2023 was 20.27%.

Cost of Goods Sold is also directly linked to Inventory Turnover. TTM Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 2.16.


TTM Technologies Cost of Goods Sold Historical Data

The historical data trend for TTM 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.

TTM Technologies Cost of Goods Sold Chart

TTM Technologies 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 1,756.03 1,746.30 1,876.73 2,037.08 1,819.30

TTM 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 495.75 458.31 448.00 459.31 453.67

TTM 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 $1,819 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.


TTM Technologies  (NAS:TTMI) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(569.039 - 453.671) / 569.039
=20.27 %

* 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:

TTM 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.


TTM Technologies Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of TTM Technologies's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


TTM Technologies (TTM Technologies) Business Description

Traded in Other Exchanges
Address
200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707
TTM Technologies Inc manufactures printed circuit boards. The company is based in the United States and derives roughly half of its revenue domestically. The company organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.
Executives
Robert P. Farrell officer: President C&C 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Shawn A. Powers officer: EVP, Human Resources 1665 SCENIC AVENUE SUITE 250, COSTA MESA CA 92626
Daniel L. Boehle officer: EVP of Finance C/O AEROJET ROCKETDYNE HOLDINGS, INC., 222 N. SEPULVEDA BOULEVARD, SUITE 500, EL SEGUNDO CA 90245
Dale Martin Knecht officer: SVP Information Technology 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Daniel J Weber officer: See Remarks 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Catherine A Gridley officer: SVP & President of A&D BU 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Tony Sanchez officer: Vice President & Controller 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tom Clapprood officer: President A&D Radar Systems 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Todd B Schull officer: Executive Vice President 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Philip Titterton officer: See Remarks 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tai Keung Chung officer: See Remarks NO. 4 DAI SHUN STREET, TAI PO INDUSTRIAL ESTATE, TAI PO, NT,, HONG KONG K3 00000
Pamela B. Jackson director 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
William Kent Hardwick officer: SVP Global Sales and EMS 5 KENTWOOD COURT, SCOTTS VALLEY CA 95066
Douglas L Soder officer: Executive Vice President 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Jeff Jankowsky officer: President, C&C BU 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626