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Firan Technology Group (TSX:FTG) Cost of Goods Sold : C$121.4 Mil (TTM As of Feb. 2025)


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What is Firan Technology Group Cost of Goods Sold?

Firan Technology Group's cost of goods sold for the three months ended in Feb. 2025 was C$29.5 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Feb. 2025 was C$121.4 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Firan Technology Group's Gross Margin % for the three months ended in Feb. 2025 was 31.08%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Firan Technology Group's Inventory Turnover for the three months ended in Feb. 2025 was 0.78.


Firan Technology Group Cost of Goods Sold Historical Data

The historical data trend for Firan Technology Group'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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Firan Technology Group Cost of Goods Sold Chart

Firan Technology Group Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.02 62.23 68.31 95.92 117.92

Firan Technology Group Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 26.05 27.98 31.47 32.43 29.55

Firan Technology Group 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 Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$121.4 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.


Firan Technology Group  (TSX:FTG) Cost of Goods Sold Explanation

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

Firan Technology Group's Gross Margin % for the three months ended in Feb. 2025 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(42.874 - 29.548) / 42.874
=31.08 %

* 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:

Firan Technology Group's Inventory Turnover for the three months ended in Feb. 2025 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.


Firan Technology Group Cost of Goods Sold Related Terms

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Firan Technology Group Business Description

Traded in Other Exchanges
Address
250 Finchdene Square, Toronto, ON, CAN, M1X 1A5
Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the marketplace globally. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, sub-assemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe. The majority of revenue is derived from the FTG Circuits segment.
Executives
James Crichton Senior Officer
Mike Andrade Director
Amy Rice Director
Bradley Collier Bourne Senior Officer
Firan Technology Group Corporation Issuer
Austin Cecil Beutel 10% Security Holder
Hiteshkumar Talati Senior Officer
Peter Dimopoulos Senior Officer
Melinda Diebel Senior Officer

Firan Technology Group Headlines

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