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TPCO Holding (TPCO Holding) Cost of Goods Sold : $57.35 Mil (TTM As of Mar. 2023)


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What is TPCO Holding Cost of Goods Sold?

TPCO Holding's cost of goods sold for the three months ended in Mar. 2023 was $10.27 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2023 was $57.35 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. TPCO Holding's Gross Margin % for the three months ended in Mar. 2023 was 43.1%.

Cost of Goods Sold is also directly linked to Inventory Turnover. TPCO Holding's Inventory Turnover for the three months ended in Mar. 2023 was 1.31.


TPCO Holding Cost of Goods Sold Historical Data

The historical data trend for TPCO Holding'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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TPCO Holding Cost of Goods Sold Chart

TPCO Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Cost of Goods Sold
- - 66.91 57.63

TPCO Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 15.72 20.83 12.94 13.31 10.27

TPCO Holding 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $57.35 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.


TPCO Holding  (OTCPK:GRMWF) Cost of Goods Sold Explanation

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

TPCO Holding's Gross Margin % for the three months ended in Mar. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(18.054 - 10.273) / 18.054
=43.1 %

* 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:

TPCO Holding's Inventory Turnover for the three months ended in Mar. 2023 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.


TPCO Holding Cost of Goods Sold Related Terms

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TPCO Holding (TPCO Holding) Business Description

Traded in Other Exchanges
N/A
Address
1550 Leigh Avenue, San Jose, CA, USA, 95125
TPCO Holding Corp is a consumer-focused cannabis company based in the United States focused on the recreational and wellness markets. Its operational footprint spans cultivation, extraction, manufacturing, distribution, brands, retail and delivery. The company's sales channels include Direct Consumer and Wholesale, of which key revenue is derived from the Wholesale channel which includes the company selling first-party and selected third-party products into 450 dispensaries across California. Additional wholesale revenue comes from sales of sourced bulk flowers and oil produced in-house. It has one segment engaged in the cultivation, manufacturing, distribution and sale of cannabis within the State of California.