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LINE (Lineage) Cost of Goods Sold : $3,579 Mil (TTM As of Dec. 2024)


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What is Lineage Cost of Goods Sold?

Lineage's cost of goods sold for the three months ended in Dec. 2024 was $906 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was $3,579 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lineage's Gross Margin % for the three months ended in Dec. 2024 was 32.34%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Lineage's Inventory Turnover for the three months ended in Dec. 2024 was 5.01.


Lineage Cost of Goods Sold Historical Data

The historical data trend for Lineage'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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Lineage Cost of Goods Sold Chart

Lineage Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
2,571.40 3,473.00 3,590.00 3,578.00

Lineage Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only 896.00 884.60 891.00 897.00 906.00

Lineage 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,579 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.


Lineage  (NAS:LINE) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1339 - 906) / 1339
=32.34 %

* 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:

Lineage's Inventory Turnover for the three months ended in Dec. 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.


Lineage Cost of Goods Sold Related Terms

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Lineage Business Description

Traded in Other Exchanges
N/A
Address
46500 Humboldt Drive, Novi, MI, USA, 48377
Lineage Inc is a Real Estate Investment Trust. The company is engaged in delivering end-to-end, technology-enabled, customer experience for thousands of customers with their customizations in the temperature-controlled supply chain to eliminate wastage of food. The services provided by the company are Cold Storage Warehousing, Automated Warehousing, Port-Centric Warehousing, Sustainable Warehousing, Freight Forwarding, Drayage, Customs Brokerage, and others.