GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Teton Advisors Inc (OTCPK:TETAB) » Definitions » Cost of Goods Sold

Teton Advisors (Teton Advisors) Cost of Goods Sold : $3.27 Mil (TTM As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Teton Advisors Cost of Goods Sold?

Teton Advisors's cost of goods sold for the three months ended in Mar. 2024 was $1.31 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $3.27 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Teton Advisors's Gross Margin % for the three months ended in Mar. 2024 was 47.69%.

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


Teton Advisors Cost of Goods Sold Historical Data

The historical data trend for Teton Advisors'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.

* Premium members only.

Teton Advisors Cost of Goods Sold Chart

Teton Advisors Annual Data
Trend Dec21 Dec22 Dec23
Cost of Goods Sold
3.22 3.02 2.62

Teton Advisors Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 0.77 0.68 0.51 1.31

Teton Advisors 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.27 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.


Teton Advisors  (OTCPK:TETAB) Cost of Goods Sold Explanation

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

Teton Advisors's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(2.506 - 1.311) / 2.506
=47.69 %

* 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:

Teton Advisors's Inventory Turnover for the three months ended in Mar. 2024 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.


Teton Advisors Cost of Goods Sold Related Terms

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


Teton Advisors (Teton Advisors) Business Description

Traded in Other Exchanges
Address
189 Mason Street, Greenwich, CT, USA, 06830
Teton Advisors Inc is a multi asset manager company uncovering opportunities within inefficient markets, and are pioneer in micro, small and mid-cap value investing. It offers a product suite of mutual funds and separate account strategies, With complementary investment teams expanding research coverage across the platform and marketing efforts levered against a larger organization. The company aims at value creation for both clients and shareholders. The Company operates in one business segment that is the investment advisory and asset management business.
Executives
Howard F. Ward director 401 THEODORE FREMD AVENUE, RYE NY 10580
Jeffrey M Farber officer: Chief Financial Officer C/O THE HANOVER INSURANCE GROUP, 440 LINCOLN STREET, WORCESTER MA 01653
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Bruce N Alpert director, officer: Chairman C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Douglas R Jamieson director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership 10 percent owner
Edward T Tokar director
Westwood Management Corp /tx 10 percent owner 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Nicholas F. Galluccio director, officer: CEO & President C/O TETON ADVISORS, INC., 401 THEODORE FREMD AVENUE, RYE NY 10580
Alfred W. Fiore director C/O TETON ADVISORS, INC., 401 THEODORE FREMD AVENUE, RYE NY 10580

Teton Advisors (Teton Advisors) Headlines

From GuruFocus

Teton Advisors Announces Small Cap Opportunities Team

By PRNewswire PRNewswire 03-01-2021