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Campus Crest Communities (Campus Crest Communities) Cost of Goods Sold : $75.7 Mil (TTM As of Sep. 2015)


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What is Campus Crest Communities Cost of Goods Sold?

Campus Crest Communities's cost of goods sold for the three months ended in Sep. 2015 was $25.2 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2015 was $75.7 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Campus Crest Communities's Gross Margin % for the three months ended in Sep. 2015 was 43.43%.

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


Campus Crest Communities Cost of Goods Sold Historical Data

The historical data trend for Campus Crest Communities'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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Campus Crest Communities Cost of Goods Sold Chart

Campus Crest Communities Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cost of Goods Sold
Get a 7-Day Free Trial 61.24 59.22 83.13 40.73 47.15

Campus Crest Communities Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 12.51 13.28 17.20 19.94 25.24

Campus Crest Communities 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $75.7 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.


Campus Crest Communities  (NYSE:CCG) Cost of Goods Sold Explanation

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

Campus Crest Communities's Gross Margin % for the three months ended in Sep. 2015 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(44.609 - 25.236) / 44.609
=43.43 %

* 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:

Campus Crest Communities's Inventory Turnover for the three months ended in Sep. 2015 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.


Campus Crest Communities Cost of Goods Sold Related Terms

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Campus Crest Communities (Campus Crest Communities) Business Description

Traded in Other Exchanges
N/A
Address
Campus Crest Communities Inc was incorporated in the State of Maryland on 1 March 2010. On October 19, 2010, it completed its initial public offering of common stock. The Company is a self-managed, self-administered real estate investment trust ("REIT") focused on owning and managing a high-quality student housing portfolio located close to college campuses. As of December 31, 2014, the Company owned interests in 47 operating student housing The Grove properties containing approximately 9,700 apartment units and 26,300 beds. Thirty-six of Company's operating The Grove properties are wholly-owned and eleven of The Grove properties are owned through joint ventures with HSRE. As of December 31, 2014, it also owned interests in 36 operating student housing Copper Beech branded properties containing approximately 6,500 apartment units and 17,300 beds. The majority of Company's operating properties other than those in the CB Portfolio, evo and Toledo operate under The Grove brand. The Company is subject to competition for student-tenants from on-campus housing owned by universities and colleges and also competes with other regional and national owner-operators of off-campus student housing in a number of markets as well as with smaller local owner-operators.
Executives
Curtis B Mcwilliams director 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Raymond C Mikulich director 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Denis Mcglynn director POST OFFICE BOX 843, DOVER DE 19903
Randall H Brown director 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Richard S Kahlbaugh director 25330 MARSH LANDING PARKWAY, PONTE VEDRA FL 32082
Daniel L Simmons director 1440 HIGHWAY A1A, VERO BEACH FL 32963
Scott R Rochon officer: See Remarks 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Lauro A Gonzalez-moreno director 2128 N. SHADOW CREEK DR., AGOURA CA 91301
James W Mccaughan director 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Aaron Scott Halfacre officer: See Remarks 2100 REXFORD ROAD, SUITE 300, CHARLOTTE NC 28211
David James Coles officer: Interim CEO 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
John Makuch officer: Interim CFO 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Angel Herrera officer: Executive Vice President 6613 RIVERHILL DRIVE, PLANO TX 75024
Ted W Rollins director, officer: Chairman and CEO 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Michael S Hartnett officer: Vice President 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211

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