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Rocket Lab USA (Rocket Lab USA) Cost of Goods Sold : $213.2 Mil (TTM As of Mar. 2024)


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What is Rocket Lab USA Cost of Goods Sold?

Rocket Lab USA's cost of goods sold for the three months ended in Mar. 2024 was $68.6 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $213.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Rocket Lab USA's Gross Margin % for the three months ended in Mar. 2024 was 26.06%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Rocket Lab USA's Inventory Turnover for the three months ended in Mar. 2024 was 0.66.


Rocket Lab USA Cost of Goods Sold Historical Data

The historical data trend for Rocket Lab USA'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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Rocket Lab USA Cost of Goods Sold Chart

Rocket Lab USA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
46.98 64.13 192.01 193.18

Rocket Lab USA Quarterly Data
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 48.54 47.45 52.69 44.50 68.59

Rocket Lab USA 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 $213.2 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.


Rocket Lab USA  (NAS:RKLB) Cost of Goods Sold Explanation

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

Rocket Lab USA's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(92.767 - 68.593) / 92.767
=26.06 %

* 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:

Rocket Lab USA'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.


Rocket Lab USA Cost of Goods Sold Related Terms

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Rocket Lab USA (Rocket Lab USA) Business Description

Traded in Other Exchanges
Address
3881 McGowen Street, Long Beach, CA, USA, 90808
Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered more than 100 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.
Executives
Adam C. Spice officer: Chief Financial Officer 2051 PALOMAR AIRPORT ROAD, SUITE 100, CARLSBAD CA 92011
Arjun Kampani officer: See Remarks C/O AEROJET ROCKETDYNE HOLDINGS, INC., 2001 AEROJET ROAD, RANCHO CORDOVA CA 95742
Nina Armagno director C/O ROCKET LAB USA, INC., 3881 MCGOWEN ST, LONG BEACH CA 90808
Peter Beck director, 10 percent owner, officer: President, CEO and Chairman C/O ROCKET LAB USA, INC., 3881, LONG BEACH CA 90808
Michael D Griffin director 21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Shaun O'donnell officer: EVP - Global Operations C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808
Edward H. Frank director C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Alexander R Slusky director 456 MONTGOMERY STREET, 19TH FLOOR, SAN FRANCISCO CA 94104
Khosla Ventures Seed B (cf), L.p. 10 percent owner 2128 SAND HILL ROAD, MENLO PARK CA 94025
Cowan David J/ca director 50 WOODSIDE PLAZA, SUITE 720, REDWOOD CITY CA 94061
Peek Street Equatorial Trustee Ltd 10 percent owner 123 CELTIC CRESCENT, ELLERSLIE, AUCKLAND Q2 1051
Jon A Olson director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Equatorial Trust 10 percent owner 123 CELTIC CRESCENT, ELLERSLIE, AUCKLAND Q2 1051
Kerryn Beck 10 percent owner C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808
Warren Butler 10 percent owner C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808