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Lightstream Resources (Lightstream Resources) Cost of Goods Sold : $112.5 Mil (TTM As of Sep. 2016)


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What is Lightstream Resources Cost of Goods Sold?

Lightstream Resources's cost of goods sold for the three months ended in Sep. 2016 was $26.4 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2016 was $112.5 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lightstream Resources's Gross Margin % for the three months ended in Sep. 2016 was 55.67%.

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


Lightstream Resources Cost of Goods Sold Historical Data

The historical data trend for Lightstream Resources'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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Lightstream Resources Cost of Goods Sold Chart

Lightstream Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cost of Goods Sold
Get a 7-Day Free Trial 359.94 352.43 378.77 328.02 145.18

Lightstream Resources Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 35.52 33.22 27.31 25.63 26.36

Lightstream Resources 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 $112.5 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.


Lightstream Resources  (GREY:LSTMF) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(59.469 - 26.36) / 59.469
=55.67 %

* 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:

Lightstream Resources'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.


Lightstream Resources Cost of Goods Sold Related Terms

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Lightstream Resources (Lightstream Resources) Business Description

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Lightstream Resources Ltd is an oil and gas company. The company is principally engaged in the exploration, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan with a focus on light oil. Its principal operating areas include southeast Saskatchewan in the Bakken and Mississippian formations, central Alberta in the Cardium formation and north-central Alberta in the Swan Hills area. The company revenue is generated from the sale of crude oil, natural gas, and natural gas liquids.

Lightstream Resources (Lightstream Resources) Headlines

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