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Donnycreek Energy (TSXV:DCK) Cost of Goods Sold : C$4.02 Mil (TTM As of Jul. 2014)


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What is Donnycreek Energy Cost of Goods Sold?

Donnycreek Energy's cost of goods sold for the three months ended in Jul. 2014 was C$1.17 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jul. 2014 was C$4.02 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Donnycreek Energy's Gross Margin % for the three months ended in Jul. 2014 was 71.36%.

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


Donnycreek Energy Cost of Goods Sold Historical Data

The historical data trend for Donnycreek Energy'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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Donnycreek Energy Cost of Goods Sold Chart

Donnycreek Energy Annual Data
Trend Jul12 Jul13 Jul14
Cost of Goods Sold
- 1.38 4.02

Donnycreek Energy Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.83 0.68 0.43 1.74 1.17

Donnycreek Energy 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 Jul. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4.02 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.


Donnycreek Energy  (TSXV:DCK) Cost of Goods Sold Explanation

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

Donnycreek Energy's Gross Margin % for the three months ended in Jul. 2014 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(4.096 - 1.173) / 4.096
=71.36 %

* 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:

Donnycreek Energy's Inventory Turnover for the three months ended in Jul. 2014 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.


Donnycreek Energy Cost of Goods Sold Related Terms

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Donnycreek Energy (TSXV:DCK) Business Description

Traded in Other Exchanges
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Address
Donnycreek Energy Inc is a petroleum and natural gas exploration and production company. Its properties are located in the Deep Basin area of west-central Alberta.

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