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SMSA Treemont Acquisition (SMSA Treemont Acquisition) Cost of Goods Sold : $75.29 Mil (TTM As of Jun. 2012)


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What is SMSA Treemont Acquisition Cost of Goods Sold?

SMSA Treemont Acquisition's cost of goods sold for the three months ended in Jun. 2012 was $19.42 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2012 was $75.29 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SMSA Treemont Acquisition's Gross Margin % for the three months ended in Jun. 2012 was 2.92%.

Cost of Goods Sold is also directly linked to Inventory Turnover. SMSA Treemont Acquisition's Inventory Turnover for the three months ended in Jun. 2012 was 7.00.


SMSA Treemont Acquisition Cost of Goods Sold Historical Data

The historical data trend for SMSA Treemont Acquisition'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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SMSA Treemont Acquisition Cost of Goods Sold Chart

SMSA Treemont Acquisition Annual Data
Trend Dec09 Dec10 Dec11
Cost of Goods Sold
- 36.59 68.08

SMSA Treemont Acquisition Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 16.95 18.83 18.89 18.16 19.42

SMSA Treemont Acquisition 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $75.29 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.


SMSA Treemont Acquisition  (OTCPK:SAQU) Cost of Goods Sold Explanation

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

SMSA Treemont Acquisition's Gross Margin % for the three months ended in Jun. 2012 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(20.004 - 19.419) / 20.004
=2.92 %

* 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:

SMSA Treemont Acquisition's Inventory Turnover for the three months ended in Jun. 2012 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.


SMSA Treemont Acquisition Cost of Goods Sold Related Terms

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SMSA Treemont Acquisition (SMSA Treemont Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Website
SMSA Treemont Acquisition Corp's current business plan is to seek to identify a privately-held operating company desiring to become a publicly held company by merging with us through a reverse merger or acquisition.
Executives
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, Chairman, Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

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