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Beamz Interactive (Beamz Interactive) Cost of Goods Sold : $0.30 Mil (TTM As of Dec. 2014)


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What is Beamz Interactive Cost of Goods Sold?

Beamz Interactive's cost of goods sold for the three months ended in Dec. 2014 was $0.05 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2014 was $0.30 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Beamz Interactive's Gross Margin % for the three months ended in Dec. 2014 was 48.28%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Beamz Interactive's Inventory Turnover for the three months ended in Dec. 2014 was 0.14.


Beamz Interactive Cost of Goods Sold Historical Data

The historical data trend for Beamz Interactive'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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Beamz Interactive Cost of Goods Sold Chart

Beamz Interactive Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Cost of Goods Sold
0.50 0.25 0.14 0.31

Beamz Interactive Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 0.09 0.12 0.08 0.06 0.05

Beamz Interactive 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.30 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.


Beamz Interactive  (OTCPK:BZIC) Cost of Goods Sold Explanation

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

Beamz Interactive's Gross Margin % for the three months ended in Dec. 2014 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.087 - 0.045) / 0.087
=48.28 %

* 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:

Beamz Interactive's Inventory Turnover for the three months ended in Dec. 2014 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.


Beamz Interactive Cost of Goods Sold Related Terms

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Beamz Interactive (Beamz Interactive) Business Description

Traded in Other Exchanges
N/A
Address
15354 North 83rd Way, Suite 101, Scottsdale, AZ, USA, 85260
Beamz Interactive Inc is a United States based company engaged in the development and marketing of interactive music and laser controller products in a wide variety of music, game education, therapy, lighting, and consumer applications throughout the world. The company's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices.

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