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FTE Networks (FTE Networks) Cost of Goods Sold : $320.2 Mil (TTM As of Sep. 2018)


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What is FTE Networks Cost of Goods Sold?

FTE Networks's cost of goods sold for the three months ended in Sep. 2018 was $76.3 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2018 was $320.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. FTE Networks's Gross Margin % for the three months ended in Sep. 2018 was 17.25%.

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


FTE Networks Cost of Goods Sold Historical Data

The historical data trend for FTE Networks'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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FTE Networks Cost of Goods Sold Chart

FTE Networks Annual Data
Trend Jun06 Jun07 Sep08 Sep09 Sep10 Sep11 Sep14 Sep15 Dec16 Dec17
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.17 12.52 11.07 8.85 206.39

FTE Networks Quarterly Data
Dec11 Mar12 Jun12 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 63.55 97.79 73.65 72.42 76.31

FTE Networks 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $320.2 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.


FTE Networks  (AMEX:FTNW) Cost of Goods Sold Explanation

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

FTE Networks's Gross Margin % for the three months ended in Sep. 2018 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(92.224 - 76.311) / 92.224
=17.25 %

* 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:

FTE Networks's Inventory Turnover for the three months ended in Sep. 2018 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.


FTE Networks Cost of Goods Sold Related Terms

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FTE Networks (FTE Networks) Business Description

Traded in Other Exchanges
N/A
Address
237 West 35th Street, Suite 806, New York, NY, USA, 34108
FTE Networks Inc is a US-based company which acts as a provider of international and regional telecommunications and technology systems and infrastructure services. It also offers managed information technology, telecommunications services, subscriber-based services and staffing solutions through its wholly-owned subsidiaries. The services provided by the company include engineering consulting, design, installation, maintenance, and emergency response in various categories including cabling, equipment installation and configuration, rack and stack, wiring build-outs, infrastructure build-outs, fiber cable splicing and testing. The company manages its business into two segments namely Telecommunication and Staffing. The majority of the company's revenue comes from Telecommunication segment.
Executives
Irv Rothman director 3000 HANOVER STREET, PALO ALTO CA 94304
James E. Shiah director 2 PARK AVENUE, NEW YORK NY 10016
Christopher Ferguson director 1866 LEITHSVILLE ROAD, SUITE 223, HALLERTOWN PA 18055
Michael Palleschi director, officer: Chief Executive Officer 1464 PALMA BLANCA CT., NAPLES FL 34119
Henderson J Sherman Iii director PO BOX 34749, LOUISVILLE KY 40232
Richard C Mills officer: President C/O POMEROY COMPUTER RESOURCES INC, 1020 PETERSBURG ROAD, HEBRON KY 41048