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CTO Realty Growth (CTO Realty Growth) Cost of Goods Sold : $30.2 Mil (TTM As of Dec. 2023)


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What is CTO Realty Growth Cost of Goods Sold?

CTO Realty Growth's cost of goods sold for the three months ended in Dec. 2023 was $8.4 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $30.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CTO Realty Growth's Gross Margin % for the three months ended in Dec. 2023 was 71.83%.

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


CTO Realty Growth Cost of Goods Sold Historical Data

The historical data trend for CTO Realty Growth'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.

* Premium members only.

CTO Realty Growth Cost of Goods Sold Chart

CTO Realty Growth 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 7.11 15.21 22.43 22.86 30.18

CTO Realty Growth 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 6.97 7.24 7.31 7.21 8.42

CTO Realty Growth 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 $30.2 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.


CTO Realty Growth  (NYSE:CTO) Cost of Goods Sold Explanation

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

CTO Realty Growth's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(29.885 - 8.419) / 29.885
=71.83 %

* 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:

CTO Realty Growth'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.


CTO Realty Growth Cost of Goods Sold Related Terms

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CTO Realty Growth (CTO Realty Growth) Business Description

Traded in Other Exchanges
Address
369 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
CTO Realty Growth Inc is a Florida-based real estate investment trust company, which owns income properties comprised of approximately 2.7 million square feet in diversified markets in the United States. Its portfolio of assets consists of Income Properties Portfolio, management services, Commercial Loan and Investments.
Executives
John P Albright officer: President & CEO PO BOX 10809, DAYTONA BEACH FL 32120
Matthew Morris Partridge officer: SR. VP & CFO 70 E. LONG LAKE, BLOOMFIELD HILLS MI 48304
Daniel Earl Smith officer: SVP, GEN COUNSEL & CORP SECRET P.O. BOX 10809, DAYTONA BEACH FL 32120
Steven Robert Greathouse officer: SVP-INVESTMENTS PO BOX 10809, DAYTONA BEACH FL 32120
Robert Blakeslee Gable director PO BOX 10809, DAYTONA BEACH FL 32120
George R Brokaw director DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
Lisa Vorakoun officer: VP & CHIEF ACCOUNTING OFFICER 1140 N. WILLIAMSON BLVD., SUITE 140, DAYTONA BEACH FL 32114
Christopher J Drew director PO BOX 10809, DAYTONA BEACH FL 32120
Christopher W Haga director PO BOX 10809, DAYTONA BEACH FL 32120
Laura M Franklin director CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Casey R Wold director C/O CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Howard C Serkin director 712 SPINAKERS REACH, PONTE VEDRA FL 32082
Mark E Patten officer: Sr. VP & CFO PO BOX 10809, DAYTONA BEACH FL 32120
Wintergreen Fund, Inc. 10 percent owner 500 INTERNATIONAL DRIVE, SUITE 275, MOUNT OLIVE NJ 07828
William L. Olivari director 141 SAGE BRUSH TRAIL, STE. D, ORMOND BEACH FL 32174