GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TerraVest Industries Inc (OTCPK:TRRVF) » Definitions » Cost of Goods Sold

TRRVF (TerraVest Industries) Cost of Goods Sold : $472.3 Mil (TTM As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is TerraVest Industries Cost of Goods Sold?

TerraVest Industries's cost of goods sold for the three months ended in Dec. 2024 was $115.1 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was $472.3 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. TerraVest Industries's Gross Margin % for the three months ended in Dec. 2024 was 30.11%.

Cost of Goods Sold is also directly linked to Inventory Turnover. TerraVest Industries's Inventory Turnover for the three months ended in Dec. 2024 was 0.75.


TerraVest Industries Cost of Goods Sold Historical Data

The historical data trend for TerraVest Industries'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.

TerraVest Industries Cost of Goods Sold Chart

TerraVest Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.35 179.01 339.09 378.68 478.70

TerraVest Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 121.24 112.27 123.29 121.71 115.08

TerraVest Industries 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 $472.3 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.


TerraVest Industries  (OTCPK:TRRVF) Cost of Goods Sold Explanation

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

TerraVest Industries's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(164.656 - 115.084) / 164.656
=30.11 %

* 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:

TerraVest Industries's Inventory Turnover for the three months ended in Dec. 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.


TerraVest Industries Cost of Goods Sold Related Terms

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


TerraVest Industries Business Description

Traded in Other Exchanges
Address
60th Street, Suite 6205, Vegreville, AB, CAN, T9C 1S3
TerraVest Industries Inc manufactures home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include Home Heating and Cooling Products and Containment Equipment (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment), and Service. The majority of its revenue is generated from its HVAC and Cooling Products and Containment Equipment segment which manufactures and distributes products including commercial and residential refined fuel tanks, wastewater treatment systems, grease removal systems, and other custom-built steel storage products.

TerraVest Industries Headlines