GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Generac Holdings Inc (NYSE:GNRC) » Definitions » Cost of Goods Sold

Generac Holdings (Generac Holdings) Cost of Goods Sold

: $2,657 Mil (TTM As of Dec. 2023)
View and export this data going back to 2010. Start your Free Trial

Generac Holdings's cost of goods sold for the three months ended in Dec. 2023 was $675 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $2,657 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Generac Holdings's Gross Margin % for the three months ended in Dec. 2023 was 36.55%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Generac Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.54.


Generac Holdings Cost of Goods Sold Historical Data

The historical data trend for Generac Holdings'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.

Generac Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,406.58 1,527.55 2,377.10 3,042.73 2,657.24

Generac Holdings 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 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 Premium Member Only Premium Member Only Premium Member Only 706.07 615.41 672.00 694.88 674.95

Generac Holdings 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 $2,657 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.


Generac Holdings  (NYSE:GNRC) Cost of Goods Sold Explanation

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

Generac Holdings's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1063.67 - 674.946) / 1063.67
=36.55 %

* 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:

Generac Holdings'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.


Generac Holdings Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Generac Holdings's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Generac Holdings (Generac Holdings) Business Description

Traded in Other Exchanges
Address
S45 W29290 Highway 59, Waukesha, WI, USA, 53189
Generac Power Systems designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.
Executives
Aaron Jagdfeld director, officer: Chief Executive Officer C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Rajendra Kumar Kanuru officer: EVP, GC, Corp. Secretary S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
Robert D Dixon director 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Norman P Taffe officer: President Energy Technology 3901 NORTH FIRST STREET, SAN JOSE CA 95134
Russell S Minick officer: Executive Vice President Sales 414 EAST THIRD STREET, MUSCATINE IA 52761
Nam Tran Nguyen director S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
York A. Ragen officer: Chief Financial Officer C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Patrick John Forsythe officer: Exec Vice President C/O GENERAC HOLDINGS INC., P.O. BOX 8, WAUKESHA WI 53189
Erik Wilde officer: EVP - NAM Industrial S45 W29290 HWY 59, C/O GENERAC HOLDINGS, INC., WAUKESHA WI 53189
Kyle Andrew Raabe officer: EVP Consumer Power S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
Thomas F Pettit officer: Chief Operations Officer 5695 MERRY LANE, EXCELSIOR MN 55331
Marcia J Avedon director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Roger Pascavis officer: Senior VP, Operations C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Jeffrey Lee Mueller officer: President/GM - Consumer Power GENERAC POWER SYSTEMS, INC., S45 W29290 HWY. 59, WAUKESHA WI 53189
Jenkins William D Jr director C/O PALO ALTO NETWORKS INC, 3000 TANNERY WAY, SANTA CLARA CA 95054

Generac Holdings (Generac Holdings) Headlines

From GuruFocus

Generac Holdings Inc Investor Day Transcript

By GuruFocus Research 01-23-2024

Q2 2022 Generac Holdings Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2021 Generac Holdings Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2019 Generac Holdings Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2020 Generac Holdings Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2019 Generac Holdings Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Generac Holdings Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2019 Generac Holdings Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Generac Holdings Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024