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Community Health Systems Cost of Goods Sold

: $7,470 Mil (TTM As of Sep. 2020)
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Community Health Systems's cost of goods sold for the three months ended in Sep. 2020 was $1,888 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2020 was $7,470 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Community Health Systems's Gross Margin % for the three months ended in Sep. 2020 was 39.6%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Community Health Systems's Inventory Turnover for the three months ended in Sep. 2020 was 5.60.


Community Health Systems Cost of Goods Sold Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Community Health Systems Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cost of Goods Sold Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,039.00 11,635.00 10,048.00 8,739.00 8,098.00

Community Health Systems Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 1,995.00 1,976.00 1,906.00 1,700.00 1,888.00

Community Health 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 Sep. 2020 was 1976 (Dec. 2019 ) + 1906 (Mar. 2020 ) + 1700 (Jun. 2020 ) + 1888 (Sep. 2020 ) = $7,470 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Community Health Systems  (NYSE:CYH) Cost of Goods Sold Explanation

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

Community Health Systems's Gross Margin % for the three months ended in Sep. 2020 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(3126 - 1888) / 3126
=39.6 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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:

Community Health Systems's Inventory Turnover for the three months ended in Sep. 2020 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


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