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Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Cost of Goods Sold : $7.71 Mil (TTM As of Apr. 2009)


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What is Cortelco Systems Puerto Rico Cost of Goods Sold?

Cortelco Systems Puerto Rico's cost of goods sold for the three months ended in Apr. 2009 was $1.71 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Apr. 2009 was $7.71 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Cortelco Systems Puerto Rico's Gross Margin % for the three months ended in Apr. 2009 was 24.44%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Cortelco Systems Puerto Rico's Inventory Turnover for the three months ended in Apr. 2009 was 4.45.


Cortelco Systems Puerto Rico Cost of Goods Sold Historical Data

The historical data trend for Cortelco Systems Puerto Rico'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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Cortelco Systems Puerto Rico Cost of Goods Sold Chart

Cortelco Systems Puerto Rico Annual Data
Trend Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08
Cost of Goods Sold
Get a 7-Day Free Trial 6.10 5.26 5.09 5.67 7.90

Cortelco Systems Puerto Rico Quarterly Data
Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09
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 2.15 1.80 1.71 2.48 1.71

Cortelco Systems Puerto Rico 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 Apr. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.71 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.


Cortelco Systems Puerto Rico  (OTCPK:CPROF) Cost of Goods Sold Explanation

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

Cortelco Systems Puerto Rico's Gross Margin % for the three months ended in Apr. 2009 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(2.259 - 1.707) / 2.259
=24.44 %

* 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:

Cortelco Systems Puerto Rico's Inventory Turnover for the three months ended in Apr. 2009 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.


Cortelco Systems Puerto Rico Cost of Goods Sold Related Terms

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Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Business Description

Traded in Other Exchanges
N/A
Address
Parque Ind. Caguas Oeste Road, 156 km 58.2, Caguas, PRI, 00726-7076
Cortelco Systems Puerto Rico Inc is engaged in the business of telecommunication systems. It offers security services, such as network security; and endpoint security comprising PCs, laptops, smart phones, tablets, barcode readers, or POS terminals. Geographically the activities are carried out through Puerto Rico.

Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Headlines

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