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International Market Centers (International Market Centers) Cost of Goods Sold : $60.43 Mil (TTM As of Dec. 2014)


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What is International Market Centers Cost of Goods Sold?

International Market Centers's cost of goods sold for the six months ended in Dec. 2014 was $60.43 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2014 was $60.43 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. International Market Centers's Gross Margin % for the six months ended in Dec. 2014 was 62.88%.

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


International Market Centers Cost of Goods Sold Historical Data

The historical data trend for International Market Centers'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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International Market Centers Cost of Goods Sold Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Cost of Goods Sold
56.06 58.89 60.43

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Cost of Goods Sold 56.06 58.89 60.43

International Market Centers 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2014 was $60.43 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.


International Market Centers  (NYSE:IMC) Cost of Goods Sold Explanation

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

International Market Centers's Gross Margin % for the six months ended in Dec. 2014 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(162.801 - 60.429) / 162.801
=62.88 %

* 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:

International Market Centers's Inventory Turnover for the six months ended in Dec. 2014 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.


International Market Centers Cost of Goods Sold Related Terms

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International Market Centers (International Market Centers) Business Description

Traded in Other Exchanges
N/A
Address
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.

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