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Celerity Solutions (Celerity Solutions) Cost of Goods Sold : $4.80 Mil (TTM As of Dec. 2099)


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What is Celerity Solutions Cost of Goods Sold?

Celerity Solutions's cost of goods sold for the three months ended in Dec. 2099 was $0.84 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2099 was $4.80 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Celerity Solutions's Gross Margin % for the three months ended in Dec. 2099 was 39.87%.

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


Celerity Solutions Cost of Goods Sold Historical Data

The historical data trend for Celerity Solutions'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.

Celerity Solutions Cost of Goods Sold Chart

Celerity Solutions Annual Data
Trend Mar91 Mar92 Mar93 Mar94 Mar95 Mar96 Mar97 Mar98 Mar99
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only 3.50 2.40 4.40 3.50 6.92

Celerity Solutions Quarterly Data
Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99
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 1.30 1.92 0.98 1.07 0.84

Celerity Solutions 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. 2099 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.80 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.


Celerity Solutions  (OTCPK:CLTY) Cost of Goods Sold Explanation

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

Celerity Solutions's Gross Margin % for the three months ended in Dec. 2099 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1.392 - 0.837) / 1.392
=39.87 %

* 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:

Celerity Solutions's Inventory Turnover for the three months ended in Dec. 2099 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.


Celerity Solutions Cost of Goods Sold Related Terms

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Celerity Solutions (Celerity Solutions) Business Description

Traded in Other Exchanges
N/A
Address
270 Bridge Street, Suite 301, Dedman, MA, USA, 02026
Celerity Solutions Inc provides internet enables business software applications. It offers Business & Technology Strategy, Full lifecycle ERP Application Implementation & Strategic Enhancements, Business Intelligence & Custom Application Development.

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