US Concrete (US Concrete) Cost of Goods Sold : $1,039 Mil (TTM As of Jun. 2021)

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What is US Concrete Cost of Goods Sold?

US Concrete's cost of goods sold for the three months ended in Jun. 2021 was $259 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2021 was $1,039 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. US Concrete's Gross Margin % for the three months ended in Jun. 2021 was 20.77%.

Cost of Goods Sold is also directly linked to Inventory Turnover. US Concrete's Inventory Turnover for the three months ended in Jun. 2021 was 3.47.

US Concrete Cost of Goods Sold Historical Data

The historical data trend for US Concrete'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.

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US Concrete Cost of Goods Sold Chart

US Concrete Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cost of Goods Sold

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922.30

1,056.60

1,212.20

1,187.60

1,070.60

US Concrete Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Cost of Goods Sold	Get a 7-Day Free Trial															250.10	283.90	262.70	233.10	259.40

US Concrete 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,039 Mil.

US Concrete (NAS:USCR) Cost of Goods Sold Explanation

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

US Concrete's Gross Margin % for the three months ended in Jun. 2021 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(327.4	-	259.4)	/	327.4
	=	20.77 %

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:

US Concrete's Inventory Turnover for the three months ended in Jun. 2021 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	259.4	/	74.85
	=	3.47

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.

US Concrete Cost of Goods Sold Related Terms

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US Concrete (US Concrete) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » US Concrete Inc (NAS:USCR) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

331 North Main Street, Euless, TX, USA, 76039

Website

https://www.us-concrete.com

U.S. Concrete sells ready-mixed concrete in several major markets in the United States, primarily in Texas, northern California, and the New York metro area. While U.S. Concrete also produces aggregates in some of its markets and has made more acquisitions in this area in recent years, the company primarily uses its aggregates production internally for its ready-mixed concrete operations. During 2020, U.S. Concrete sold approximately 8.2 million cubic yards of ready-mixed concrete and approximately 12.6 million tons of aggregates.

Executives

Sutherland Colin Mcgill	director	55 ROSE PARK DRIVE TORONTO A6 M4T 1R2
Herbert A. Burton	officer: Regional VP & GM - West	C/O U.S. CONCRETE, INC. 331 N. MAIN ST. EULESS X1 76039
Jeffrey W Roberts	officer: Regional VP & GM - Central	331 N. MAIN ST. EULESS TX 76039
William J Sandbrook	director	C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
John E Kunz	officer: SVP & Chief Financial Officer	522 N. MACEWEN DRIVE, OSPREY FL 34229
Rajan Penkar	director	C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Michael D Lundin	director	C/O U.S. CONCRETE, INC. 331 N. MAIN STREET EULESS TX 76039
Kurt Matthew Cellar	director	71 ROTON AVENUE, NORWALK CT 06853
Theodore P Rossi	director	C/O U.S. CONCRETE, INC. 331 N. MAIN STREET EULESS TX 76039
Susan M. Ball	director	13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Gibson T Dawson	officer: VP, Corporate Controller & CAO	C/O U.S. CONCRETE, INC., 331 NORTH MAIN STREET, EULESS TX 76039
Philip Daren Lesley	officer: VP - USC Aggregates	331 NORTH MAIN STREET EULESS TX 76039
Scott Dryden	officer: VP & GM - Polaris Materials	C/O U.S. CONCRETE, INC. 331 N. MAIN ST. EULESS TX 76039
Mark Baker Peabody	officer: VP - Human Resources	331 N. MAIN STREET EULESS TX 76039
Ronnie A Pruitt	officer: President & COO	C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039