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LPIX (LogiPix International) Cost of Goods Sold : $0.00 Mil (TTM As of Aug. 2023)


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What is LogiPix International Cost of Goods Sold?

LogiPix International's cost of goods sold for the six months ended in Aug. 2023 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Aug. 2023 was $0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. LogiPix International's Gross Margin % for the six months ended in Aug. 2023 was %.

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


LogiPix International Cost of Goods Sold Historical Data

The historical data trend for LogiPix International'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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LogiPix International Cost of Goods Sold Chart

LogiPix International Annual Data
Trend Feb01 Feb02 Feb03 Feb04 Feb05 Feb06 Feb07 Feb08
Cost of Goods Sold
Get a 7-Day Free Trial - - - 1.21 7.42

LogiPix International Semi-Annual Data
Feb01 Feb02 Aug02 Feb03 Aug03 Feb04 Aug04 Feb05 Aug05 Feb06 Aug06 Feb07 Aug07 Feb08 Aug08 Aug22 Aug23
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 3.09 4.33 5.04 - -

LogiPix International 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 Aug. 2023 adds up the semi-annually 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.


LogiPix International  (OTCPK:LPIX) Cost of Goods Sold Explanation

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

LogiPix International's Gross Margin % for the six months ended in Aug. 2023 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:

LogiPix International's Inventory Turnover for the six months ended in Aug. 2023 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.


LogiPix International Cost of Goods Sold Related Terms

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LogiPix International Business Description

Traded in Other Exchanges
N/A
Address
800 East Leigh Street, Suite 11, Richmond, VA, USA, 23219
LogiPix International Corp is a technological company. It develops and manufactures intelligent video monitoring solutions specifically for complex large-scale projects encompassing wide areas. Its solutions Airside Augmented Reality, Digital Tower Video for Airport, Border Surveillance, Highway Surveillance, and others.
Executives
Joseph W Parker director, 10 percent owner, officer: President/CEO 8113 75TH STREET SW, LAKEWOOD WA 98498
Parker Transnational Industries Llc 10 percent owner 8113 75TH ST. SW, LAKEWOOD WA 98498
Daniel C Goldman officer: CFO 24215 13TH PLACE W, BOTHELL WA 98021

LogiPix International Headlines

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