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Quantum Metal Exchange (Quantum Metal Exchange) Cost of Goods Sold : $0.00 Mil (TTM As of Feb. 2013)


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What is Quantum Metal Exchange Cost of Goods Sold?

Quantum Metal Exchange's cost of goods sold for the three months ended in Feb. 2013 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Feb. 2013 was $0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Quantum Metal Exchange's Gross Margin % for the three months ended in Feb. 2013 was 100%.

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


Quantum Metal Exchange Cost of Goods Sold Historical Data

The historical data trend for Quantum Metal Exchange'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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Quantum Metal Exchange Cost of Goods Sold Chart

Quantum Metal Exchange Annual Data
Trend Aug09 Aug10
Cost of Goods Sold
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Quantum Metal Exchange Quarterly Data
May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 Nov12 Feb13
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Quantum Metal Exchange 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 Feb. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Quantum Metal Exchange  (OTCPK:QMEI) Cost of Goods Sold Explanation

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

Quantum Metal Exchange's Gross Margin % for the three months ended in Feb. 2013 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.019 - 0) / 0.019
=100 %

* 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:

Quantum Metal Exchange's Inventory Turnover for the three months ended in Feb. 2013 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.


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Quantum Metal Exchange (Quantum Metal Exchange) Business Description

Traded in Other Exchanges
N/A
Address
One World Trade Center, Suite 8500, New York, NY, USA, 10007
Quantum Metal Exchange Inc is a company with bullion based technology capacities, empowering people and businesses from upstream to downstream of the precious metal industry through technologies and cutting-edge corporate solutions. The company geographically operates in Malaysia, Singapore, Thailand, Australia, Indonesia and Nigeria.

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