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Maxxam (Maxxam) Cost of Goods Sold : $48.30 Mil (TTM As of Sep. 2009)


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What is Maxxam Cost of Goods Sold?

Maxxam's cost of goods sold for the three months ended in Sep. 2009 was $13.70 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2009 was $48.30 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Maxxam's Gross Margin % for the three months ended in Sep. 2009 was 24.73%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Maxxam's Inventory Turnover for the three months ended in Sep. 2009 was 4.98.


Maxxam Cost of Goods Sold Historical Data

The historical data trend for Maxxam'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.

Maxxam Cost of Goods Sold Chart

Maxxam Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 224.50 238.40 194.40 66.80 62.60

Maxxam Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 17.40 10.20 10.30 14.10 13.70

Maxxam 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. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $48.30 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.


Maxxam  (OTCPK:MAXX) Cost of Goods Sold Explanation

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

Maxxam's Gross Margin % for the three months ended in Sep. 2009 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(18.2 - 13.7) / 18.2
=24.73 %

* 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:

Maxxam's Inventory Turnover for the three months ended in Sep. 2009 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.


Maxxam Cost of Goods Sold Related Terms

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Maxxam (Maxxam) Business Description

Traded in Other Exchanges
N/A
Address
Maxxam Inc through its subsidiaries, is engaged in the residential and commercial real estate investment and development, and racing operations.
Executives
Charles E Hurwitz director, 10 percent owner, officer: Chairman of the Board & CEO 1330 POST OAK BOULEVARD, SUITE 2000, HOUSTON TX 77056
Robert J Cruikshank director 2001 KIRBY, SUITE 313, HOUSTON TX 77019
Ezra G Levin director 1330 POST OAK BLVD., SUITE 2000, HOUSTON TX 77056
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Elizabeth D Brumley officer: Controller 9800 RICHMOND AVE., SUITE 700, HOUSTON TX 77042
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036

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