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Fantex (Fantex) Cost of Goods Sold : $0.00 Mil (TTM As of Sep. 2016)


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What is Fantex Cost of Goods Sold?

Fantex's cost of goods sold for the three months ended in Sep. 2016 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2016 was $0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Fantex's Gross Margin % for the three months ended in Sep. 2016 was 100%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


Fantex Cost of Goods Sold Historical Data

The historical data trend for Fantex'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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Fantex Cost of Goods Sold Chart

Fantex Annual Data
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Cost of Goods Sold
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Fantex Quarterly Data
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Fantex 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Fantex  (GREY:JEFFL) Cost of Goods Sold Explanation

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

Fantex's Gross Margin % for the three months ended in Sep. 2016 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(6.539 - 0) / 6.539
=100 %

* 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:

Fantex's Inventory Turnover for the three months ended in Sep. 2016 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.


Fantex Cost of Goods Sold Related Terms

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Fantex (Fantex) Business Description

Traded in Other Exchanges
N/A
Address
330 Townsend Street, Suite 234, San Francisco, CA, USA, 94107
Fantex Inc is a marketing services provider in the United States. Its range of operations covers brand acquisition, marketing and brand development in the interest of professional athletes, entertainers, and other high-profile individuals. Fantex's strategy revolves around 3 pillars; Evaluation, Acquisition, and Enhancement. Evaluation is the analysis done before the company enters a brand agreement. Acquisition relates to the initial steps of acquiring a brand such as negotiation of brand price etc and Enhancing Brand Value is where the company builds a portfolio of brands and enhances them with the help of technology and data applications.

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