GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Terran Orbital Corp (NYSE:LLAP) » Definitions » Cost of Goods Sold

Terran Orbital (Terran Orbital) Cost of Goods Sold : $131.1 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Terran Orbital Cost of Goods Sold?

Terran Orbital's cost of goods sold for the three months ended in Mar. 2024 was $33.4 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $131.1 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Terran Orbital's Gross Margin % for the three months ended in Mar. 2024 was -22.6%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Terran Orbital's Inventory Turnover for the three months ended in Mar. 2024 was 0.98.


Terran Orbital Cost of Goods Sold Historical Data

The historical data trend for Terran Orbital'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.

Terran Orbital Cost of Goods Sold Chart

Terran Orbital Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
15.79 16.86 33.91 111.49 127.36

Terran Orbital Quarterly Data
Dec19 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 29.60 31.43 34.19 32.13 33.39

Terran Orbital 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 $131.1 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.


Terran Orbital  (NYSE:LLAP) Cost of Goods Sold Explanation

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

Terran Orbital's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(27.235 - 33.391) / 27.235
=-22.6 %

* 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:

Terran Orbital'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.


Terran Orbital Cost of Goods Sold Related Terms

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


Terran Orbital (Terran Orbital) Business Description

Traded in Other Exchanges
N/A
Address
6800 Broken Sound Parkway North West, Suite 200, Boca Raton, FL, USA, 33487
Terran Orbital Corp is a vertically integrated provider of end-to-end satellite solutions. The company combines satellite design, production, launch planning, mission operations, and in-orbit support to meet the needs of the demanding military, civil and commercial customers. The company operates in two segments: the Satellite Solutions segment primarily consists of the design, build, and operation of satellites, and the Earth Observation Solutions segment was created to develop, build, launch, and operate a constellation of company-owned Earth observation satellites featuring synthetic aperture radar (SAR) capabilities to provide Earth observation data and mission solutions.
Executives
Jonathan Siegmann officer: SVP, Corporate Development 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Anthony J Gingiss officer: Chief Operating Officer C/O TERRAN ORBITAL, 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Wahid Azizpor officer: SVP, Manufacturing C/O TERRAN ORBITAL CORPORATION, SUITE 200, BOCA RATON FL 33487
Santina M Michel officer: SVP and Chief HR Officer C/O TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Matthew Gann officer: SVP, Strategy & Business Dev. CO TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Mark Kula officer: SVP, Programs C/O TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Stephen Alan Hobart officer: SVP, Components and Modules C/O TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Richard Bays officer: SVP & CIO 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Beach Point Capital Management Lp 10 percent owner 1620 26TH STREET, SUITE 6000N, SANTA MONICA CA 90404
Lockheed Martin Corp 10 percent owner 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
James S Black officer: General Counsel 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Beach Point Tx Scf Lp 10 percent owner C/O BEACH POINT CAPITAL MANAGEMENT LP, 1620 26TH STREET, SUITE 6000N, SANTA MONICA CA 90404
Gary A. Hobart officer: See Remarks 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Douglas L. Raaberg director 10613 REGENT PARK CT., FAIRFAX VA 22030
Mathieu Riffel officer: Vice President and Controller 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487