SUNS (Sunrise Realty Trust) Cost of Goods Sold : $1.32 Mil (TTM As of Dec. 2024)

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What is Sunrise Realty Trust Cost of Goods Sold?

Sunrise Realty Trust's cost of goods sold for the three months ended in Dec. 2024 was $0.39 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was $1.32 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sunrise Realty Trust's Gross Margin % for the three months ended in Dec. 2024 was 88.59%.

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

Sunrise Realty Trust Cost of Goods Sold Historical Data

The historical data trend for Sunrise Realty Trust'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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Sunrise Realty Trust Cost of Goods Sold Chart

Sunrise Realty Trust Annual Data

Trend

Dec23

Dec24

Cost of Goods Sold

0.82

Sunrise Realty Trust Quarterly Data
	Dec23	Mar24	Jun24	Sep24	Dec24
Cost of Goods Sold	-	0.50	-	0.42	0.39

Sunrise Realty Trust 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.32 Mil.

Sunrise Realty Trust (NAS:SUNS) Cost of Goods Sold Explanation

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

Sunrise Realty Trust's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(3.445	-	0.393)	/	3.445
	=	88.59 %

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:

Sunrise Realty Trust's Inventory Turnover for the three months ended in Dec. 2024 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.393	/	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.

Sunrise Realty Trust Cost of Goods Sold Related Terms

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Sunrise Realty Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sunrise Realty Trust Inc (NAS:SUNS) » Definitions » Cost of Goods Sold

Comparable Companies

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Traded in Other Exchanges

N/A

Address

525 Okeechobee Boulevard, Suite 1650, West Palm Beach, FL, USA, 33401

Website

https://www.sunriserealtytrust.com

Sunrise Realty Trust Inc is a real estate investment trust company. It is focus on originating CRE debt investments and providing capital to high-quality borrowers and sponsors with transitional business plans collateralized by CRE assets with opportunities for near-term value creation, as well as recapitalization opportunities. It intends to create a diversified investment portfolio, targeting investments in senior mortgage loans, mezzanine loans, whole loans, B-notes, CMBS and debt-like preferred equity securities across CRE asset classes and investment mix to include high quality multi-family, condominiums, retail, office, hospitality, industrial, mixed use and specialty-use real estate.