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Circuit Research Labs (Circuit Research Labs) Cost of Goods Sold : $6.41 Mil (TTM As of Sep. 2008)


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What is Circuit Research Labs Cost of Goods Sold?

Circuit Research Labs's cost of goods sold for the three months ended in Sep. 2008 was $1.43 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2008 was $6.41 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Circuit Research Labs's Gross Margin % for the three months ended in Sep. 2008 was 56.59%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Circuit Research Labs's Inventory Turnover for the three months ended in Sep. 2008 was 0.47.


Circuit Research Labs Cost of Goods Sold Historical Data

The historical data trend for Circuit Research Labs'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.

Circuit Research Labs Cost of Goods Sold Chart

Circuit Research Labs Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.54 6.04 6.42 5.80 5.78

Circuit Research Labs Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 1.68 1.78 1.68 1.53 1.43

Circuit Research Labs 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.41 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.


Circuit Research Labs  (OTCPK:CRLI) Cost of Goods Sold Explanation

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

Circuit Research Labs's Gross Margin % for the three months ended in Sep. 2008 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(3.285 - 1.426) / 3.285
=56.59 %

* 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:

Circuit Research Labs's Inventory Turnover for the three months ended in Sep. 2008 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.


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Circuit Research Labs (Circuit Research Labs) Business Description

Traded in Other Exchanges
N/A
Address
7970 S. Kyrene Road, Tempe, AZ, USA, 85282
Website
Circuit Research Labs Inc develops manufactures and markets electronic audio processing, transmission encoding and noise reduction equipment for the radio, television, cable, Internet and professional audio markets.

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