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Western Sierra Resource (Western Sierra Resource) Cost of Goods Sold : $0.00 Mil (TTM As of Sep. 2008)


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What is Western Sierra Resource Cost of Goods Sold?

Western Sierra Resource's cost of goods sold for the three months ended in Sep. 2008 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2008 was $0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Western Sierra Resource's Gross Margin % for the three months ended in Sep. 2008 was 100%.

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


Western Sierra Resource Cost of Goods Sold Historical Data

The historical data trend for Western Sierra Resource'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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Western Sierra Resource Cost of Goods Sold Chart

Western Sierra Resource Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Cost of Goods Sold
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Western Sierra Resource Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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Western Sierra Resource 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. 2008 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.


Western Sierra Resource  (OTCPK:WSRC) Cost of Goods Sold Explanation

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

Western Sierra Resource's Gross Margin % for the three months ended in Sep. 2008 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.008 - 0) / 0.008
=100 %

* 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:

Western Sierra Resource's Inventory Turnover for the three months ended in Sep. 2008 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.


Western Sierra Resource Cost of Goods Sold Related Terms

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Western Sierra Resource (Western Sierra Resource) Business Description

Traded in Other Exchanges
N/A
Address
1001 Grand Avenue, Suite 207, Glenwood Springs, CO, USA, 81602
Western Sierra Resource Corp is a multifaceted resource company and revenue producer focused on applying and expanding its $40,500,000 water rights assets. The beneficial uses of its water rights include growing industrial hemp, manufacturing, and undertaking the related eco-friendly, high-yield, project.

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