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Citadel EFT (Citadel EFT) Cost of Goods Sold : $0.01 Mil (TTM As of Dec. 2013)


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What is Citadel EFT Cost of Goods Sold?

Citadel EFT's cost of goods sold for the three months ended in Dec. 2013 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2013 was $0.01 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Citadel EFT's Gross Margin % for the three months ended in Dec. 2013 was 98.02%.

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


Citadel EFT Cost of Goods Sold Historical Data

The historical data trend for Citadel EFT'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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Citadel EFT Cost of Goods Sold Chart

Citadel EFT Annual Data
Trend Sep10 Sep11 Sep12 Sep13
Cost of Goods Sold
- - 0.03 0.01

Citadel EFT Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 - - - 0.01 -

Citadel EFT 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 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.


Citadel EFT  (GREY:CDFT) Cost of Goods Sold Explanation

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

Citadel EFT's Gross Margin % for the three months ended in Dec. 2013 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.101 - 0.002) / 0.101
=98.02 %

* 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:

Citadel EFT's Inventory Turnover for the three months ended in Dec. 2013 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.


Citadel EFT Cost of Goods Sold Related Terms

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Citadel EFT (Citadel EFT) Business Description

Traded in Other Exchanges
N/A
Address
825 College Boulevard, Suite 102-328, Oceanside, CA, USA, 92057
Citadel EFT Inc provides credit card terminals and merchant account services to retailers. It's business is the processing of credit card payments ("Merchant Services").

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