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Altair Nanotechnologies (Altair Nanotechnologies) Cost of Goods Sold : $33.14 Mil (TTM As of Sep. 2016)


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What is Altair Nanotechnologies Cost of Goods Sold?

Altair Nanotechnologies's cost of goods sold for the three months ended in Sep. 2016 was $13.22 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2016 was $33.14 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Altair Nanotechnologies's Gross Margin % for the three months ended in Sep. 2016 was 16.95%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Altair Nanotechnologies's Inventory Turnover for the three months ended in Sep. 2016 was 0.92.


Altair Nanotechnologies Cost of Goods Sold Historical Data

The historical data trend for Altair Nanotechnologies'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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Altair Nanotechnologies Cost of Goods Sold Chart

Altair Nanotechnologies Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.80 2.87 8.75 6.62 14.03

Altair Nanotechnologies Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 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 1.48 9.18 4.90 5.84 13.22

Altair Nanotechnologies 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 $33.14 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.


Altair Nanotechnologies  (OTCPK:ALTI) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(15.915 - 13.218) / 15.915
=16.95 %

* 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:

Altair Nanotechnologies'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.


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Altair Nanotechnologies (Altair Nanotechnologies) Business Description

Traded in Other Exchanges
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Address
Altair Nanotechnologies Inc was incorporated under the laws of the Province of Ontario, Canada in April 1973. The Company develops, manufactures and sells nano lithium titanate batteries and energy storage systems. Its nano lithium titanate battery systems offer higher power density, longer cycle life, rapid charge and discharge capabilities, operating temperature range and higher levels of safety than conventional lithium-ion batteries. The Company targets applications that effectively utilize the key attributes of its technology. It operates in two major business segments: Power and Energy Group, and All Other operations. The Power and Energy Group develops, produces, and sells battery systems. The All Others group consists of the remaining portions of the previous Life Sciences and Performance Materials groups. Its target market is electric grid, which design, manufacture and sell grid-scale battery systems, which provide ancillary services including frequency regulation. The Company currently is working with multiple vehicle manufacturers and suppliers regarding their hybrid and electric vehicle efforts. In 2012, it focused on the launch of its newest energy storage system, the ALTI-ESS Advantage. First, the company focused its product development on the launch of newest electric grid product, the 2 megawatt ALTI-ESS Advantage, which increased system specification from 1 megawatt to 2 megawatts, while reducing the containerized power modules footprint from 53 feet to 40 feet. Second, it focused on the manufacture of five grid-scale energy storage systems for four customers, who included the Hawaii Natural Energy Institute (HNEI), Vestas, TSK Solar and a U.S. utility company based on the East Coast. The Company has developed, and continues to develop, through its primary materials science research, a lithium-ion battery chemistry using nanotechnologies to create materials offering unique electrochemistry properties for rechargeable batteries. It manufactures cells, modules, packs and turn-key energy storage systems for its target customers, including 24V, 36V, and 48V industrial and transportation systems, a configurable industrial PowerRack system, and large-scale systems for the electric grid. The Company uses compounds of lithium and of titanium to manufacture its nano lithium titanate. It has a total of 12 U.S. and 42 foreign patents. A number of energy storage and power electronic component producers have entered into the frequency regulation market which include include ABB, A123 Systems., BYD, GS Yuasa, LG Chem, Mitsubishi, Parker Hannifin, Saft and XtremePower. Its products typically compete with existing methods for providing frequency regulation and renewables integration rather than competing battery manufacturers. Its current and proposed activities are subject to numerous federal, state, and local laws and regulations concerning machine and chemical safety and environmental protection.
Executives
Victor S Sze director 12525 CHADRON AVE, HAWTHORNE CA 90250
J. Simon Xue director 3353 ROBERT BURNS DRIVE, RICHFIELD OH 44286
Van Schoonenberg Robert G director 150 N. ORANGE GROVE BLVD, PASADENA CA 91103
Hemphill Robert F Jr director
Robert F Sheldon director 10 COOPERS GREEN RR #1, HALF MOON BAY A0 VON 1YO