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Jason Industries (Jason Industries) Cost of Goods Sold : $209.97 Mil (TTM As of Jun. 2020)


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What is Jason Industries Cost of Goods Sold?

Jason Industries's cost of goods sold for the three months ended in Jun. 2020 was $49.20 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2020 was $209.97 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jason Industries's Gross Margin % for the three months ended in Jun. 2020 was 12.48%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Jason Industries's Inventory Turnover for the three months ended in Jun. 2020 was 0.98.


Jason Industries Cost of Goods Sold Historical Data

The historical data trend for Jason Industries'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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Jason Industries Cost of Goods Sold Chart

Jason Industries Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cost of Goods Sold
Get a 7-Day Free Trial 561.08 574.41 295.08 277.85 263.29

Jason Industries Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 114.31 70.84 24.07 65.86 49.20

Jason Industries 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $209.97 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.


Jason Industries  (GREY:JSSNP.PFD) Cost of Goods Sold Explanation

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

Jason Industries's Gross Margin % for the three months ended in Jun. 2020 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(56.212 - 49.198) / 56.212
=12.48 %

* 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:

Jason Industries's Inventory Turnover for the three months ended in Jun. 2020 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.


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Jason Industries (Jason Industries) Business Description

Traded in Other Exchanges
N/A
Address
833 East Michigan Street, Suite 900, Milwaukee, WI, USA, 53202
Jason Industries Inc is an industrial manufacturing company. The company's operating segment includes Industrial; Engineered Components and Fiber Solutions. It generates maximum revenue from the Industrial segment. The company serves industries such as aerospace, automotive, construction, engineering, plastic, steel, hardware, welding, shipbuilding, industrial equipment, motorcycles, and lawn and turf care. Its industrial segment's product lines are comprised of industrial brushes, polishing buffs and compounds, abrasives, and roller technology products that are used in a broad range of industrial and infrastructure applications. Geographically, it derives a majority of revenue from the United States and also has a presence in Germany; Rest of Europe; Mexico and Other Countries.