Central Plains Bancshares (Central Plains Bancshares) Cost of Goods Sold : $3.19 Mil (TTM As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Central Plains Bancshares Cost of Goods Sold?

Central Plains Bancshares's cost of goods sold for the six months ended in Sep. 2023 was $3.19 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2023 was $3.19 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Central Plains Bancshares's Gross Margin % for the six months ended in Sep. 2023 was %.

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

Central Plains Bancshares Cost of Goods Sold Historical Data

The historical data trend for Central Plains Bancshares'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.

Central Plains Bancshares Cost of Goods Sold Chart

Central Plains Bancshares Annual Data

Trend

Cost of Goods Sold

Central Plains Bancshares Semi-Annual Data
	Sep22	Sep23
Cost of Goods Sold	3.10	3.19

Central Plains Bancshares 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3.19 Mil.

Central Plains Bancshares (NAS:CPBI) Cost of Goods Sold Explanation

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

Central Plains Bancshares's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(0	-	3.188)	/	0
	=	%

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:

Central Plains Bancshares's Inventory Turnover for the six months ended in Sep. 2023 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.188	/	0
	=	N/A

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.

Central Plains Bancshares Cost of Goods Sold Related Terms

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

Central Plains Bancshares (Central Plains Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Central Plains Bancshares Inc (NAS:CPBI) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

221 South Locust Street, Grand Island, NE, USA, 68001

Website

https://www.homefederalne.bank

Central Plains Bancshares Inc is a loan holding company and has not engaged in any business to date.

Executives

Lisa A. Harris	officer: EVP and COO	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Tamara L. Slater	director	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Kurt A. Haecker	officer: EVP and CLO	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Daniel D. Naranjo	director	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Kenneth W. Wiemers	officer: EVP	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Russell R. Rerucha	director	221 SOUTH LOCUST STREET, GRAND ISLAND DC 68801
Joseph P. Stump	director	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Steven D. Kunzman	director, officer: President & CEO, other: Chairman of the Board	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Bradley M. Kool	officer: 1st VP and CFO	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
William D. Oltean	director	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Brett A. Duff	director	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801

Central Plains Bancshares (Central Plains Bancshares) Headlines

No Headlines