Epiq Systems (Epiq Systems) Cost of Goods Sold : $301.2 Mil (TTM As of Jun. 2016)

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What is Epiq Systems Cost of Goods Sold?

Epiq Systems's cost of goods sold for the three months ended in Jun. 2016 was $73.5 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2016 was $301.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Epiq Systems's Gross Margin % for the three months ended in Jun. 2016 was 47.8%.

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

Epiq Systems Cost of Goods Sold Historical Data

The historical data trend for Epiq Systems'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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Epiq Systems Cost of Goods Sold Chart

Epiq Systems Annual Data

Trend

Dec06

Dec07

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Dec15

Cost of Goods Sold

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112.73

173.06

252.22

245.91

284.35

Epiq Systems Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Cost of Goods Sold	Get a 7-Day Free Trial															75.19	75.13	72.49	80.06	73.47

Epiq Systems 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 Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $301.2 Mil.

Epiq Systems (NAS:EPIQ) Cost of Goods Sold Explanation

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

Epiq Systems's Gross Margin % for the three months ended in Jun. 2016 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(140.744	-	73.466)	/	140.744
	=	47.8 %

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:

Epiq Systems's Inventory Turnover for the three months ended in Jun. 2016 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	73.466	/	0
	=	N/A

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.

Epiq Systems Cost of Goods Sold Related Terms

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Epiq Systems (Epiq Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Epiq Systems Inc (NAS:EPIQ) » Definitions » Cost of Goods Sold

Traded in Other Exchanges

N/A

Address

Website

http://www.epiqsystems.com

Epiq Systems Inc was incorporated in the State of Missouri on July 13, 1988, and on July 15, 1988 acquired all of the assets of an unrelated predecessor corporation. The Company is a provider of integrated technology solutions for the legal profession. The Company's solutions streamline the administration of bankruptcy, litigation, financial transactions and regulatory compliance matters. It offers managed technology solutions for eDiscovery, document review, legal notification, claims administration and controlled disbursement of funds. Its clients include law firms, corporate legal departments, bankruptcy trustees, government agencies, mortgage processors, and financial institutions. The Company's business is organized into two reportable segments: the Technology segment and the Bankruptcy and Settlement Administration segment. The Company's Technology segment provides eDiscovery managed services and technology solutions comprised of consulting, collections and forensics, processing, search and review, production of documents and document review services to companies and the litigation departments of law firms. The Company's eDataMatrix software analyzes filters, deduplicates and produces documents for review. The Company's customers are corporations that use its products and services cooperatively with their legal counsel to manage the eDiscovery process for litigation, investigations, anti-trust filings and regulatory matters. Produced documents are made available mainly through a hosted environment utilizing its proprietary software DocuMatrix and third-party software which allows for efficient attorney review and data requests. Bankruptcy and Settlement Administration segment provides managed services and technology solutions that address the needs of its customers with respect to litigation, claims and project administration, compliance matters, controlled disbursements, corporate restructuring, bankruptcy and class action proceedings. The Company's Bankruptcy and Settlement Administration segment provides managed services and technology solutions that address the needs of its customers with respect to litigation, claims and project administration, compliance matters, controlled disbursements, corporate restructuring, bankruptcy and class action proceedings. The Company's Technology segment, eDiscovery competes with companies such as, Kroll Ontrack, FTI Consulting, Inc., Huron Consulting Group Inc., The Dolan Company, Symantec Corporation, Recommind, Inc., Xerox and Autonomy. The Company's Bankruptcy and Settlement Administration segment, bankruptcy services competes with companies such as, Bankruptcy Management Solutions, Inc., which is a provider in Chapter 7 bankruptcy market. While in Chapter 11 bankruptcy market, the Company competes with Kurtzman Carson Consultants LLC and The Garden City Group, Inc. In Chapter 13 market, the Company's main competitor is Bankruptcy Software Specialists, LLC. The Company is subject to

Executives

Gregory M Share	director	THREE FIRST NATIONAL PLZ, SUITE 3800, CHICAGO IL 60602
Tjon Sien Fat Karin - Joyce	officer: EVP & CFO	501 KANSAS AVENUE, KANSAS CITY KS 66105
Kevin L Robert	director	501 KANSAS AVENUE, KANSAS CITY KS 66105
Terry Matlack	director	233 W 47TH ST, KANSAS CITY MO 64112