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Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) Cost of Goods Sold : $310.6 Mil (TTM As of Mar. 2022)


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What is Macquarie Infrastructure Holdings LLC Cost of Goods Sold?

Macquarie Infrastructure Holdings LLC's cost of goods sold for the three months ended in Mar. 2022 was $43.8 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2022 was $310.6 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Macquarie Infrastructure Holdings LLC's Gross Margin % for the three months ended in Mar. 2022 was 36.25%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Macquarie Infrastructure Holdings LLC's Inventory Turnover for the three months ended in Mar. 2022 was 3.67.


Macquarie Infrastructure Holdings LLC Cost of Goods Sold Historical Data

The historical data trend for Macquarie Infrastructure Holdings LLC'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.

Macquarie Infrastructure Holdings LLC Cost of Goods Sold Chart

Macquarie Infrastructure Holdings LLC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,010.00 819.00 180.91 128.17 181.67

Macquarie Infrastructure Holdings LLC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 38.50 165.28 44.48 57.01 43.79

Macquarie Infrastructure Holdings LLC 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $310.6 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.


Macquarie Infrastructure Holdings LLC  (NYSE:MIC) Cost of Goods Sold Explanation

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

Macquarie Infrastructure Holdings LLC's Gross Margin % for the three months ended in Mar. 2022 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(68.681 - 43.785) / 68.681
=36.25 %

* 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:

Macquarie Infrastructure Holdings LLC's Inventory Turnover for the three months ended in Mar. 2022 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.


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Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) Business Description

Traded in Other Exchanges
N/A
Address
125 West 55th Street, New York, NY, USA, 10019
Macquarie Infrastructure Holdings LLC is a diversified business company. The company's business comprises (i) Hawaii Gas, Hawaii's only government-franchised gas utility and an unregulated LPG distribution business providing gas and related services to industrial, commercial, residential, and governmental customers; (ii) controlling interests in two solar facilities on Oahu; and (iii) smaller projects collectively engaged in efforts to reduce the cost and improve the reliability and sustainability of energy in Hawaii. The company serves corporations, government agencies, and individual customers primarily in the United States.
Executives
Christopher Frost director, officer: Chief Executive Officer C/O MACQUARIE INFRASTRUCTURE CORPORATION 125 WEST 55TH STREET NEW YORK NY 10019
Nick O'neil officer: Chief Financial Officer C/O MACQUARIE INFRASTRUCTURE CORPORATION 125 WEST 55TH STREET NEW YORK NY 10019
Michael Kernan officer: General Counsel and Secretary 125 W 55TH STREET NEW YORK NY 10019
Jay Davis officer: Vice President 125 W. 55TH STREET LEVEL 15 NEW YORK NY 10019
Martin Stanley director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 125 WEST 55TH STREET NEW YORK NY 10019
Ronald Kirk director TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Ouma Sananikone director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Henry E Lentz director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Amanda M Brock director 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Brown Norman H Jr director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 125 WEST 55TH STREET NEW YORK NY 10019
Mihi Llc director, 10 percent owner 125 WEST 55TH STREET, NEW YORK NY 10019
Macquarie Infrastructure Management (usa) Inc director, 10 percent owner 125 WEST 55TH STREET, 15TH FLOOR NEW YORK NY 10019
Macquarie Group Ltd 10 percent owner 50 MARTIN PLACE, SYDNEY, NSW 2000 C3 2000
Carmany George W Iii other: Former Director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 600 FIFTH AVENUE, 21ST FLOOR NEW YORK NY 10020