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VTOL (Bristow Group) Cost of Goods Sold : $977 Mil (TTM As of Sep. 2024)


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What is Bristow Group Cost of Goods Sold?

Bristow Group's cost of goods sold for the three months ended in Sep. 2024 was $289 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was $977 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Bristow Group's Gross Margin % for the three months ended in Sep. 2024 was 20.82%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Bristow Group's Inventory Turnover for the three months ended in Sep. 2024 was 2.70.


Bristow Group Cost of Goods Sold Historical Data

The historical data trend for Bristow 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.

* Premium members only.

Bristow Group Cost of Goods Sold Chart

Bristow Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Dec23 Dec24
Cost of Goods Sold
Get a 7-Day Free Trial - 960.04 993.40 547.93 1,110.41

Bristow Group Quarterly Data
Sep19 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 143.64 138.46 270.48 289.09 278.61

Bristow 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $977 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.


Bristow Group  (NYSE:VTOL) Cost of Goods Sold Explanation

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

Bristow Group's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(365.122 - 289.088) / 365.122
=20.82 %

* 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:

Bristow Group's Inventory Turnover for the three months ended in Sep. 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.


Bristow Group Cost of Goods Sold Related Terms

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Bristow Group Business Description

Traded in Other Exchanges
Address
3151 Briarpark Drive, 7th Floor, Suite 700, Houston, TX, USA, 77042
Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of integrated, national, and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed-wing transportation and other aviation-related solutions. Its energy customers charter its helicopters to transport personnel to, from, and between onshore bases and offshore production platforms, drilling rigs, and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K. and the United States.
Executives
Brian D. Truelove director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Solus Alternative Asset Management Lp 10 percent owner 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Jennifer Dawn Whalen officer: SVP, CFO 13103 SHOALWATER LANE, PEARLAND TX 77584
David F. Stepanek officer: Executive VP and COO 2001 SE EVANGELINE THRUWAY, LAFAYETTE LA 70508
Wesley E. Kern director 5004 GREGORY PLACE, WEST LAKE HILLS TX 78746
Maryanne Miller director 3151 BRIARPARK DRIVE, SUITE 700, HOUSTON TX 77042
Lorin L. Brass director 46652 278TH ST., LENNOX SD 57039
Stuart Stavley officer: COO, Offshore Energy Services CITYCENTRE TWO, 818 TOWN & COUNTRY BLVD., SUITE 200, HOUSTON TX 77024
Elizabeth Matthews officer: See remarks. 3151 BRIARPARK DRIVE, SUITE 700, HOUSTON TX 77042
Christopher Scott Bradshaw director, officer: President and CEO CITYCENTRE TWO, 818 TOWN & COUNTRY BLVD., SUITE 200, HOUSTON TX 33316
George Mark Mickelson director 101 N. MAIN AVENUE, STE. 321, SIOUX FALLS SD 57104
Christopher Pucillo director, 10 percent owner C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Solus Gp Llc 10 percent owner C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Richard E Tatum officer: VP, Chief Accounting Officer 11700 KATY FREEWAY, SUITE 175, HOUSTON TX 77079
Robert Manzo director PARK 80 W PLZ 2, SADDLE BROOK NJ 07663