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Mentor Capital (Mentor Capital) Cost of Goods Sold : $-0.00 Mil (TTM As of Dec. 2023)


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What is Mentor Capital Cost of Goods Sold?

Mentor Capital's cost of goods sold for the three months ended in Dec. 2023 was $-4.15 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mentor Capital's Gross Margin % for the three months ended in Dec. 2023 was 35.46%.

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


Mentor Capital Cost of Goods Sold Historical Data

The historical data trend for Mentor Capital'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.

Mentor Capital Cost of Goods Sold Chart

Mentor Capital 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 3.05 3.30 4.14 - -

Mentor Capital 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 -3.93 1.26 1.41 1.48 -4.15

Mentor Capital 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 $-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.


Mentor Capital  (OTCPK:MNTR) Cost of Goods Sold Explanation

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

Mentor Capital's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(-6.433 - -4.152) / -6.433
=35.46 %

* 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:

Mentor Capital'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.


Mentor Capital Cost of Goods Sold Related Terms

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Mentor Capital (Mentor Capital) Business Description

Traded in Other Exchanges
N/A
Address
5964 Campus Court, Plano, TX, USA, 75093
Mentor Capital Inc acquires and provides liquidity for medical and social use cannabis companies. The company is operating an acquisition and investment business. It operates through two segments namely the historic cannabis and medical marijuana segment, and the Company's legacy investment in WCI, which works with business park owners, governmental centers, and apartment complexes to reduce their facility-related operating costs. The cannabis and medical marijuana segment include the operation of subsidiaries in the Cannabis and medical marijuana sector. Mentor's focus is medical and the company seeks to facilitate the application of cannabis to cancer wasting, calming seizures, and Parkinson's disease, reducing ocular pressures from glaucoma, and blunting chronic pain.
Executives
David G. Carlile director 10901 BULLRUSH DRIVE, VENICE FL 34293
Lori Stansfield officer: Chief Financial Officer 903 N. TOWNER STREET, SANTA ANA CA 92703
Chester Billingsley director, 10 percent owner, officer: Chief Executive Officer 5964 CAMPUS COURT, PLANO TX 75093
Stan Shaul director 2586 CLAYBOURNE COURT, NEWBURY PARK CA 91320
Robert Bernhard Meyer director 24446 CASWELL COURT, LAGUNA NIGUEL CA 92677
Earl Kornbrekke director 458 DEHARO LANE, FRIDAY HARBOR WA 98250
James Blazeck director 536 OVERLOOK DRIVE, PITTSBURG PA 15216