Maison Luxe (Maison Luxe) Cost of Goods Sold : $3.43 Mil (TTM As of Dec. 2011)

View and export this data going back to 2010. Start your Free Trial

What is Maison Luxe Cost of Goods Sold?

Maison Luxe's cost of goods sold for the three months ended in Dec. 2011 was $0.81 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2011 was $3.43 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Maison Luxe's Gross Margin % for the three months ended in Dec. 2011 was 22.85%.

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

Maison Luxe Cost of Goods Sold Historical Data

The historical data trend for Maison Luxe'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.

Maison Luxe Cost of Goods Sold Chart

Maison Luxe Annual Data

Trend

Mar10

Mar11

Cost of Goods Sold

4.28

3.90

Maison Luxe Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Cost of Goods Sold	Get a 7-Day Free Trial						0.98	0.96	0.82	0.84	0.81

Maison Luxe 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.43 Mil.

Maison Luxe (OTCPK:MASN) Cost of Goods Sold Explanation

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

Maison Luxe's Gross Margin % for the three months ended in Dec. 2011 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(1.046	-	0.807)	/	1.046
	=	22.85 %

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:

Maison Luxe's Inventory Turnover for the three months ended in Dec. 2011 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.807	/	0
	=	N/A

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.

Maison Luxe Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Maison Luxe's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.

Maison Luxe (Maison Luxe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maison Luxe Inc (OTCPK:MASN) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Bridge Plaza North, Suite 2, Fort Lee, NJ, USA, 07024

Website

https://www.maisonluxeny.com

Maison Luxe Inc offers luxury retail consumer items that are responsibly sourced and affordable. The company operates as a niche high-end luxury goods retailer, helping interested consumers obtain rare luxury items that may otherwise not be reliably available due to the nature of the luxury retail marketplace. It focuses primarily within the fine time piece and jewelry segments, both on a wholesale and business-to-consumer basis.