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Consolidated Communications Holdings (Consolidated Communications Holdings) Cost of Goods Sold : $512 Mil (TTM As of Dec. 2023)


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What is Consolidated Communications Holdings Cost of Goods Sold?

Consolidated Communications Holdings's cost of goods sold for the three months ended in Dec. 2023 was $121 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $512 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Consolidated Communications Holdings's Gross Margin % for the three months ended in Dec. 2023 was 56.2%.

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


Consolidated Communications Holdings Cost of Goods Sold Historical Data

The historical data trend for Consolidated Communications Holdings'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.

Consolidated Communications Holdings Cost of Goods Sold Chart

Consolidated Communications Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 574.94 560.64 569.63 546.66 511.87

Consolidated Communications Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 133.65 131.94 126.97 132.42 120.54

Consolidated Communications Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $512 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.


Consolidated Communications Holdings  (NAS:CNSL) Cost of Goods Sold Explanation

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

Consolidated Communications Holdings's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(275.178 - 120.539) / 275.178
=56.2 %

* 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:

Consolidated Communications Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.


Consolidated Communications Holdings Cost of Goods Sold Related Terms

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Consolidated Communications Holdings (Consolidated Communications Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2116 South 17th Street, Mattoon, IL, USA, 61938-5973
Consolidated Communications Holdings Inc provides communication services for business and residential customers across various states in the U.S. Its business product suite includes data and Internet solutions, voice, data center services, security services, managed and IT services, and an expanded suite of cloud services. It provides wholesale solutions to wireless and wireline carriers and other service providers including data, voice, network connections, and custom fiber builds and last-mile connections. It offers residential high-speed Internet, video, phone, and home security services as well as multi-service residential and small business bundles.
Executives
Fred Graffam officer: Chief Financial Officer 1990 WITTINGTON PLACE, FARMERS BRANCH TX 75234
Solis Michel Marissa director 7221 LANGMUIR DRIVE, MCKINNEY TX 75071
Steven L Childers officer: Chief Financial Officer CONSOLIDATED COMMUNICATIONS, 121 SOUTH 17TH STREET, MATTOON IL 61938-3987
Andrew Frey director 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Searchlight Iii Cvl Gp, Llc 10 percent owner C/O SEARCHLIGHT CAPITAL PARTNERS, L.P., 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Searchlight Iii Cvl, L.p. 10 percent owner C/O SEARCHLIGHT CAPITAL PARTNERS, L.P., 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Robert J Currey director
Maribeth S Rahe director 255 E FIFTH STREET, CINCINNATI OH 45202
David G Fuller director 240 WATSON AVE, OAKVILLE A6 L6J 3V1
Udell C Robert Jr director, officer: President and CEO CONSOLIDATED COMMUNICATIONS, 121 SOUTH 17TH STREET, MATTOON IL 61938-3987
Moore Roger H/ca director 12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Thomas A Gerke director GERKE THOMAS A, OVERLAND PARK KS 66251
Timothy D Taron director P.O. BOX 969, ROSEVILLE CA 95661
Dale E Parker director 93 HOYLAKE, ROCKY MOUNT NC 27804
Richard Anthony Lumpkin director 121 SOUTH 17TH STREET, MATTOON IL 61938