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Brewbilt Brewing Co (Brewbilt Brewing Co) Cost of Goods Sold : $0.63 Mil (TTM As of Mar. 2024)


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What is Brewbilt Brewing Co Cost of Goods Sold?

Brewbilt Brewing Co's cost of goods sold for the three months ended in Mar. 2024 was $0.24 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $0.63 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Brewbilt Brewing Co's Gross Margin % for the three months ended in Mar. 2024 was 31.09%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Brewbilt Brewing Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.23.


Brewbilt Brewing Co Cost of Goods Sold Historical Data

The historical data trend for Brewbilt Brewing Co'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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Brewbilt Brewing Co Cost of Goods Sold Chart

Brewbilt Brewing Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.18 0.51

Brewbilt Brewing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.11 0.12 0.12 0.16 0.24

Brewbilt Brewing Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.63 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.


Brewbilt Brewing Co  (OTCPK:BRBL) Cost of Goods Sold Explanation

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

Brewbilt Brewing Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.341 - 0.235) / 0.341
=31.09 %

* 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:

Brewbilt Brewing Co's Inventory Turnover for the three months ended in Mar. 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.


Brewbilt Brewing Co Cost of Goods Sold Related Terms

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Brewbilt Brewing Co (Brewbilt Brewing Co) Business Description

Traded in Other Exchanges
N/A
Address
110 Spring Hill Drive, Suite 17, Grass Valley, CA, USA, 95945
Brewbilt Brewing Co is engaged in the manufacturing of custom designs and handcrafts brewing and fermentation equipment and supplies necessary equipment for craft beer production. BrewBilt Brewing produces satisfying beers using small-batch California malt for a good-quality beer. The facility and experienced staff ferment the lagers in stacked horizontal lagering tanks and give them plenty of cold aging time to achieve optimal taste and clarity. The packaging process utilizes a counter-pressure Codi line to ensure the lowest possible level of packaged oxygen, maximizing product stability and continuity over its shelf life.
Executives
Jef Howard Lewis director 318 CLAY STREET, NEVADA CITY CA 95959
Bennett Buchanan director 13848 LAVA DOME WAY, NEVADA CITY CA 95959
James Powell director, officer: President 999 18TH STREET, SUITE 3000, DENVER CO 80202
Tim C Deherrera director 1400 16TH STREET, SUITE 400, DENVER CO 80202
Paul Watts director, officer: President 33 CAVENDISH SQUARE, LONDON X0 W140RA
Kelly Sundberg director, 10 percent owner, officer: President 45 COVE PARK ROAD NE, CALGARY A0 T3K 5XB