Babcock & Wilcox Enterprises (Babcock & Wilcox Enterprises) Cost of Goods Sold

: $806 Mil (TTM As of Dec. 2023)

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Babcock & Wilcox Enterprises's cost of goods sold for the three months ended in Dec. 2023 was $172 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $806 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Babcock & Wilcox Enterprises's Gross Margin % for the three months ended in Dec. 2023 was 24.48%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Babcock & Wilcox Enterprises's Inventory Turnover for the three months ended in Dec. 2023 was 1.51.

Babcock & Wilcox Enterprises Cost of Goods Sold Historical Data

The historical data trend for Babcock & Wilcox Enterprises'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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Babcock & Wilcox Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cost of Goods Sold

698.85

400.47

535.83

660.98

775.27

Babcock & Wilcox Enterprises 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																182.76	203.77	244.21	186.03	171.55

Babcock & Wilcox Enterprises 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 $806 Mil.

Babcock & Wilcox Enterprises (NYSE:BW) Cost of Goods Sold Explanation

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

Babcock & Wilcox Enterprises's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(227.167	-	171.552)	/	227.167
	=	24.48 %

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:

Babcock & Wilcox Enterprises's Inventory Turnover for the three months ended in Dec. 2023 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	171.552	/	113.6975
	=	1.51

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.

Babcock & Wilcox Enterprises Cost of Goods Sold Related Terms

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Babcock & Wilcox Enterprises (Babcock & Wilcox Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Babcock & Wilcox Enterprises Inc (NYSE:BW) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

BWpA.PFD:USA UBW1:Germany

Address

1200 East Market Street, Suite 650, Akron, OH, USA, 44305

Website

https://www.babcock.com

Babcock & Wilcox Enterprises is a power generation equipment supplier and servicing company that operates in three segments: B&W Renewable, B&W Environmental, and B&W Thermal. B&W Thermal, which focuses on steam generation products and solutions for plants in the power generation, oil and gas, and industrial sectors, generates the majority of the company's revenue. B&W Renewable focuses on sustainable power and heat generation while B&W Environmental focuses on emissions control. The company's customer base spans the industrial, electrical utility, and municipal industries located predominantly in the United States, Canada, Denmark, and the United Kingdom. Business in the U.S. contributes the vast majority of its revenue.

Executives

Henry E Bartoli	director, officer: Chief Strategy Officer	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Christopher S Riker	officer: Senior Vice President	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Louis Jr Salamone	officer: Chief Financial Officer	7925 JONES BRANCH DRIVE, MCLEAN VA 22102
Joseph A Tato	director	580 INDIAN HARBOR ROAD, VERO BEACH FL 32963
B. Riley Financial, Inc.	10 percent owner	11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Kenneth M Young	officer: Chief Executive Officer	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
John J Dziewisz	officer: SVP & Corp. Secy.	1200 E. MARKET STREET, SUITE 650, SUITE 650, AKRON OH 44305
Joseph T Buckler	officer: Senior Vice President	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Jimmy B Morgan	officer: SVP, Babcock & Wilcox	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Philip D Moeller	director	2306 CHAIN BRIDGE ROAD, NW, WASHINGTON DC 20016
Rebecca L Stahl	director	2106 SOUTH BAY LANE, RESTON VA 20191
Brf Investments, Llc	10 percent owner	11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Brc Partners Opportunity Fund, Lp	10 percent owner	11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
Vintage Capital Management Llc	10 percent owner	4705 S APOPKA VINELAND ROAD SUITE 210, ORLANDO FL 32819