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Core Lithium (Core Lithium) Cost of Goods Sold : $0.18 Mil (TTM As of Dec. 2014)


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What is Core Lithium Cost of Goods Sold?

Core Lithium's cost of goods sold for the three months ended in Dec. 2014 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2014 was $0.18 Mil.

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

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


Core Lithium Cost of Goods Sold Historical Data

The historical data trend for Core Lithium'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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Core Lithium Cost of Goods Sold Chart

Core Lithium Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Cost of Goods Sold
- - 0.18 0.18

Core Lithium Quarterly Data
Mar11 Sep11 Dec11 Mar12 Sep12 Dec12 Mar13 Sep13 Dec13 Dec14
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.18 -

Core Lithium 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 $0.18 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.


Core Lithium  (GREY:CORX) Cost of Goods Sold Explanation

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

Core Lithium's Gross Margin % 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.

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:

Core Lithium'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.


Core Lithium Cost of Goods Sold Related Terms

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Core Lithium (Core Lithium) Business Description

Traded in Other Exchanges
N/A
Address
250 East Fifth Street, 15th Floor, PMB No121, Cincinnati, OH, USA, 45202
Core Lithium Corp is a United States based development stage company. It is engaged in the business of exploration, mining, and development of prospective Lithium assets in North America.

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