SheerVision (SheerVision) Cost of Goods Sold : $0.92 Mil (TTM As of May. 2010)

SheerVision Cost of Goods Sold Chart

SheerVision Annual Data
	Trend	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Aug06	Aug07	Aug08	Aug09
Cost of Goods Sold		Get a 7-Day Free Trial					-	1.14	1.44	1.66	1.32

SheerVision Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10
Cost of Goods Sold	Get a 7-Day Free Trial															0.28	0.23	0.12	0.26	0.31

SheerVision 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 May. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.92 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.

SheerVision  (OTCPK:SVSO) Cost of Goods Sold Explanation

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

SheerVision's Gross Margin % for the three months ended in May. 2010 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.

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:

SheerVision's Inventory Turnover for the three months ended in May. 2010 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.

SheerVision Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of SheerVision's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.

SheerVision (SheerVision) Business Description