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GSAT (Globalstar) Cost of Goods Sold : $78.9 Mil (TTM As of Sep. 2024)


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What is Globalstar Cost of Goods Sold?

Globalstar's cost of goods sold for the three months ended in Sep. 2024 was $21.7 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was $78.9 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Globalstar's Gross Margin % for the three months ended in Sep. 2024 was 69.99%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Globalstar's Inventory Turnover for the three months ended in Sep. 2024 was 1.74.


Globalstar Cost of Goods Sold Historical Data

The historical data trend for Globalstar'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.

Globalstar Cost of Goods Sold Chart

Globalstar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.64 48.68 51.96 65.02 69.47

Globalstar Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 17.33 18.11 18.92 20.18 21.70

Globalstar 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $78.9 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.


Globalstar  (AMEX:GSAT) Cost of Goods Sold Explanation

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

Globalstar's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(72.307 - 21.7) / 72.307
=69.99 %

* 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:

Globalstar's Inventory Turnover for the three months ended in Sep. 2024 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.


Globalstar Cost of Goods Sold Related Terms

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Globalstar Business Description

Traded in Other Exchanges
Address
1351 Holiday Square Boulevard, Covington, LA, USA, 70433
Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. The company provides communications services such as two-way voice and data transmission. In addition, one-way data transmission is also offered. Both services are offered using mobile or fixed devices. The company is an owner of satellite assets. The company generates the vast majority of its revenue within the United States.
Executives
William A Hasler director PO BOX 1049, WOODLAND CA 95776
Timothy Evan Taylor director 1518 FIRST STREET, NEW ORLEANS LA 70130
Rebecca Clary officer: VP & Chief Financial Officer 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Paul E Jacobs director, officer: Chief Executive Officer
James Iii Monroe director, 10 percent owner, officer: Chief Executive Officer 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
James F Lynch director 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Ponder L Barbee Iv officer: General Counsel 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Benjamin G Wolff director 2300 CARILLON POINT, KIRKLAND WA 98033
David B. Kagan officer: President & COO 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Keith O Cowan director 2999 CIRCLE 75 PKWY, ATLANTA GA 30339
Michael J Lovett director
Kenneth M Young director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
John Kneuer director 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Anthony J Navarra officer: Pres., Global Operations 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Bell Frank John Ii officer: Pres. Global Sales & Mkting. 8144 WALNUT HILL LANE, SUITE 800, DALLAS TX 75231