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Liberty Latin America (Liberty Latin America) Cost of Goods Sold : $1,501 Mil (TTM As of Dec. 2023)


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What is Liberty Latin America Cost of Goods Sold?

Liberty Latin America's cost of goods sold for the three months ended in Dec. 2023 was $411 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $1,501 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Liberty Latin America's Gross Margin % for the three months ended in Dec. 2023 was 64.71%.

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


Liberty Latin America Cost of Goods Sold Historical Data

The historical data trend for Liberty Latin America'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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Liberty Latin America Cost of Goods Sold Chart

Liberty Latin America 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 1,292.10 1,269.10 1,735.10 1,732.70 1,507.00

Liberty Latin America 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 420.70 360.80 353.30 376.60 410.60

Liberty Latin America 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 $1,501 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.


Liberty Latin America  (NAS:LILAK) Cost of Goods Sold Explanation

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

Liberty Latin America's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1163.6 - 410.6) / 1163.6
=64.71 %

* 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:

Liberty Latin America'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.


Liberty Latin America Cost of Goods Sold Related Terms

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Liberty Latin America (Liberty Latin America) Business Description

Traded in Other Exchanges
Address
2 Church Street, Hamilton, BMU, HM 11
Liberty Latin America Ltd is a telecommunications company. It is a provider of video, broadband internet, fixed-line telephony and mobile services to residential and business customers. The company's reportable segments include C&W Caribbean and Networks, C&W Panama, VTR, Liberty Puerto Rico and Costa Rica.
Executives
Dustin Henderson other: Shareholder 11125 N PARK BLVD, STE 106, SEMINOLE FL 33772
Roberta S. Jacobson director C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Aamir Hussain officer: SVP, CT&PO 100 CENTURYLINK DRIVE, MONROE LA 71203
Rocio Lorenzo officer: CCO 1550 WEWATTA STREET, SUITE 700, DENVER CO 80202
Daniel E. Sanchez director C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Vivek Khemka officer: SVP, CT&PO C/O DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
Miranda Curtis director C/O LIBERTY GLOBAL, INC., 1550 WEWATTA STREET STE 1000, DENVER CO 80202
Betzalel Kenigsztein officer: SVP, CHIEF OPERATING OFFICER 1550 WEWATTA STREET, SUITE 1000, DENVER CO 80202
Brian D Zook officer: MD, CHIEF ACCOUNTING OFFICER 1550 WEWATTA STREET, SUITE 1000, DENVER CO 80202
Angoitia Alfonso De director 1550 WEWATTA STREET, SUITE 1000, DENVER CO 80202
Brendan J Paddick director 1550 WEWATTA STREET, SUITE 1000, DENVER CO 80202
Christopher J Noyes officer: SVP, CHIEF FINANCIAL OFFICER 1550 WEWATTA STREET, SUITE 1000, DENVER CO 80202
Eric Louis Zinterhofer director C/O SEARCHLIGHT CAPITAL PARTNERS GP, LP, 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Bracken Charles H R director 161 HAMMERSMITH ROAD, LONDON ENGLAND X0 W6 8BS
Michael T Fries director, officer: Executive Chairman C/O LIBERTY GLOBAL, INC., 1550 WEWATTA STREET STE 1000, DENVER CO 80202