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Mississippi Power Co (Mississippi Power Co) Cost of Goods Sold : $757.00 Mil (TTM As of Jun. 2018)


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What is Mississippi Power Co Cost of Goods Sold?

Mississippi Power Co's cost of goods sold for the three months ended in Jun. 2018 was $105.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2018 was $757.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mississippi Power Co's Gross Margin % for the three months ended in Jun. 2018 was 64.65%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Mississippi Power Co's Inventory Turnover for the three months ended in Jun. 2018 was 0.29.


Mississippi Power Co Cost of Goods Sold Historical Data

The historical data trend for Mississippi Power Co'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.

Mississippi Power Co Cost of Goods Sold Chart

Mississippi Power Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 540.00 617.00 455.00 377.00 420.00

Mississippi Power Co Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 108.00 126.00 99.00 427.00 105.00

Mississippi Power Co 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $757.00 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.


Mississippi Power Co  (NYSE:MPpD.CL.PFD) Cost of Goods Sold Explanation

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

Mississippi Power Co's Gross Margin % for the three months ended in Jun. 2018 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(297 - 105) / 297
=64.65 %

* 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:

Mississippi Power Co's Inventory Turnover for the three months ended in Jun. 2018 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.


Mississippi Power Co Cost of Goods Sold Related Terms

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Mississippi Power Co (Mississippi Power Co) Business Description

Traded in Other Exchanges
N/A
Address
Mississippi Power Co operates as a vertically integrated utility providing electricity to retail customers within its traditional service territory located within the State of Mississippi and to wholesale customers in the Southeast.
Executives
Anthony L Wilson officer: Executive Vice President 30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308
G Edison Holland officer: President & CEO 270 PEACHTREE ST NW BIN 910, ATLANTA GA 30303
Iv Edward Day, officer: President and CEO 30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308
Royce Cumbest director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Carl J Chaney director 146 LAKE TRIAL, FLORA MS 39071
Christine L Smilek director P O BOX 4019, GULFPORT MS 39502
Hood Warren A Jr director 623 MAIN STREET, HATTIESBURG MS 39401
Anthony J Topazi director, officer: President and CEO P O BOX 4079, GULFPORT MS 395024079

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