GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vita Mobile Systems Inc (OTCPK:VMSI) » Definitions » Cost of Goods Sold

VMSI (Vita Mobile Systems) Cost of Goods Sold : $0.00 Mil (TTM As of . 20)


View and export this data going back to 1996. Start your Free Trial

What is Vita Mobile Systems Cost of Goods Sold?

Vita Mobile Systems's cost of goods sold for the three months ended in . 20 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vita Mobile Systems's Gross Margin % for the three months ended in . 20 was %.

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


Vita Mobile Systems Cost of Goods Sold Historical Data

The historical data trend for Vita Mobile Systems'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.

Vita Mobile Systems Cost of Goods Sold Chart

Vita Mobile Systems Annual Data
Trend
Cost of Goods Sold

Vita Mobile Systems Quarterly Data
Cost of Goods Sold

Vita Mobile Systems 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 . 20 adds up the quarterly 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.


Vita Mobile Systems  (OTCPK:VMSI) Cost of Goods Sold Explanation

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

Vita Mobile Systems's Gross Margin % for the three months ended in . 20 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:

Vita Mobile Systems's Inventory Turnover for the three months ended in . 20 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.


Vita Mobile Systems Cost of Goods Sold Related Terms

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


Vita Mobile Systems Business Description

Traded in Other Exchanges
N/A
Address
2640 Main Street, Irvine, CA, USA, 92614
Vita Mobile Systems Inc is an internet technology and marketing company. It focuses on digital imaging and technology in mobile devices. The company's application VITA is for iOS and Android smart mobile devices that will illustrate locations and current events. The application introduced the use of a camera and reorganizes the process for posting pictures and videos.