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Crown Equity Holdings Cost of Goods Sold

: $0.00 Mil (TTM As of Sep. 2021)
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Crown Equity Holdings's cost of goods sold for the three months ended in Sep. 2021 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2021 was $0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Crown Equity Holdings's Gross Margin % for the three months ended in Sep. 2021 was 100%.

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

Crown Equity Holdings Cost of Goods Sold Historical Data

The historical data trend for Crown Equity 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.

Crown Equity Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cost of Goods Sold
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Crown Equity Holdings Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 - - - - -

Crown Equity 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.

Crown Equity Holdings  (OTCPK:CRWE) Cost of Goods Sold Explanation

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

Crown Equity Holdings's Gross Margin % for the three months ended in Sep. 2021 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.003 - 0) / 0.003
=100 %

* 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:

Crown Equity Holdings's Inventory Turnover for the three months ended in Sep. 2021 is calculated as:

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

* 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.

Crown Equity Holdings Cost of Goods Sold Related Terms

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

Crown Equity Holdings Business Description

Crown Equity Holdings logo
Industry
Industrials » Business Services NAICS : 519190 SIC : 7389
Comparable Companies
OTCPK:AMMJ OTCPK:AMCT OTCPK:QPRC OTCPK:WSCO OTCPK:FLCX OTCPK:ABVN OTCPK:DCAC NAS:GRNQ OTCPK:WWIN TSX:TRI LSE:EXPN NYSE:INFO NAS:VRSK NYSE:EFX XSWX:SGSN NYSE:TRU XPAR:TEP NYSE:BAH LSE:ITRK XPAR:BVI
Traded in Other Exchanges
N/A
Address
11226 Pentland Downs Street, Las Vegas, NV, USA, 89141
Website
http://www.crownequityholdings.com
Crown Equity Holdings Inc is engaged in offering services to domestic and global companies seeking to become public entities in the United States. It provides and offers advertising branding, marketing solutions and services to boost customer awareness, as well as merchant visibility. It primarily serves companies and individuals with corporate structure and operations globally. The company also provides public relations advertising and news dissemination for public and privately held companies. Geographically, activities function through the region of the United States.
Executives
Chacon Rudy director, officer: Chief Financial Officer PO BOX 2541 SAN DIEGO CA 90731
Zaman Mike director, officer: CEO/President 11226 PENTLAND DOWNS STREET LAS VEGAS NV 89141
Bosket Kenneth Cornell Sr director, officer: President/CEO 1453 FLINTROCK ROAD HENDERSON NV 89014
Saucedo-bardan Arnulfo director, officer: Chief Operating Officer 5440 SAHARA SUITE 205 LAS VEGAS NV 89146
Crown Marketing Corp. 10 percent owner 11226 PENTLAND DOWNS STREET LAS VEGAS NV 89141
Matus Brett director 4984 RIDING RIDGE SAN DIEGO CA 92130
Zaman Montse director, officer: Secretary 11226 PENTLAND DOWNS STREET LAS VEGAS NV 89141
Vega Mark Lawrence director, officer: Chief Technology Officer 4488 CASA BLANCA ST LAS VEGAS NV 89121
Holden Lowell Thomas director, officer: CFO 6330 NANCY RIDGE DR. SUITE 105 SAN DIEGO CA 92121
Onoue Steven director 5440 SAHARA SUITE 205 LAS VEGAS NV 89146
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