GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wanderport Corp (OTCPK:WDRP) » Definitions » Cost of Goods Sold

Wanderport (Wanderport) Cost of Goods Sold : $22.36 Mil (TTM As of Feb. 2003)


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

What is Wanderport Cost of Goods Sold?

Wanderport's cost of goods sold for the three months ended in Feb. 2003 was $5.04 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Feb. 2003 was $22.36 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wanderport's Gross Margin % for the three months ended in Feb. 2003 was 9.79%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Wanderport's Inventory Turnover for the three months ended in Feb. 2003 was 2.52.


Wanderport Cost of Goods Sold Historical Data

The historical data trend for Wanderport'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.

Wanderport Cost of Goods Sold Chart

Wanderport Annual Data
Trend Aug95 Aug96 Aug97 Aug98 Aug99 Aug00 Aug01
Cost of Goods Sold
Get a 7-Day Free Trial 29.69 17.53 23.35 20.29 19.13

Wanderport Quarterly Data
Aug95 Aug96 Aug97 Aug98 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01 Feb02 May02 Aug02 Nov02 Feb03
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 5.16 5.64 6.29 5.38 5.04

Wanderport 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. 2003 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.36 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.


Wanderport  (OTCPK:WDRP) Cost of Goods Sold Explanation

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

Wanderport's Gross Margin % for the three months ended in Feb. 2003 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(5.588 - 5.041) / 5.588
=9.79 %

* 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:

Wanderport's Inventory Turnover for the three months ended in Feb. 2003 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.


Wanderport Cost of Goods Sold Related Terms

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


Wanderport (Wanderport) Business Description

Traded in Other Exchanges
N/A
Address
2425 Olympic Boulevard, Suite 4000W, Santa Monica, CA, USA, 90401
Wanderport Corp is a distributor of food, beverages, and consumer products with a focus in the area of industrial hemp. It owns Sapa Coffee for its line of hemp coffee blends through which it sells its hemp, hemp CBD coffees and teas directly to wholesalers and retailers as well as through online market places. The company sells various CBD-based products including beauty and personal care, beverages, supplements, topical, and pet.