GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Unique Fabricating Inc (OTCPK:UFABQ) » Definitions » Cost of Goods Sold

Unique Fabricating (Unique Fabricating) Cost of Goods Sold : $118.9 Mil (TTM As of Sep. 2022)


View and export this data going back to 2015. Start your Free Trial

What is Unique Fabricating Cost of Goods Sold?

Unique Fabricating's cost of goods sold for the three months ended in Sep. 2022 was $31.5 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2022 was $118.9 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Unique Fabricating's Gross Margin % for the three months ended in Sep. 2022 was 8.84%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Unique Fabricating's Inventory Turnover for the three months ended in Sep. 2022 was 2.46.


Unique Fabricating Cost of Goods Sold Historical Data

The historical data trend for Unique Fabricating'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.

Unique Fabricating Cost of Goods Sold Chart

Unique Fabricating Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only 135.23 135.58 120.98 99.54 108.95

Unique Fabricating Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 26.63 27.11 30.53 29.79 31.45

Unique Fabricating 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $118.9 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.


Unique Fabricating  (OTCPK:UFABQ) Cost of Goods Sold Explanation

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

Unique Fabricating's Gross Margin % for the three months ended in Sep. 2022 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(34.503 - 31.454) / 34.503
=8.84 %

* 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:

Unique Fabricating's Inventory Turnover for the three months ended in Sep. 2022 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.


Unique Fabricating Cost of Goods Sold Related Terms

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


Unique Fabricating (Unique Fabricating) Business Description

Traded in Other Exchanges
N/A
Address
800 Standard Parkway, Auburn Hills, MI, USA, 48326
Unique Fabricating Inc is engaged in the engineering and manufacture of multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness, acoustical management, water and air sealing, decorative and other functional applications. Its products are air management products, heating ventilating and air conditioning, seals, fender stuffers, air ducts, acoustical insulation, door water shields, gas tank pads, light gaskets, topper pads, mirror gaskets, glove box liners, personal protection equipment, and packaging. It derives net sales from the sales of foam, rubber plastic, and tape adhesive related automotive products produced by manufacturing processes including die cutting, compression molding, thermoforming, reaction injection molding and fusion molding.
Executives
Baum Richard L Jr director 10 KINZEL LANE, WEST ORANGE NJ 07052
Susan C. Benedict director C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Peninsula Fund V Limited Partnership 10 percent owner 500 WOODWARD AVENUE, SUITE 2800, DETROIT MI 48226
William Cooke director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Patrick W Cavanagh director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Brian P Loftus officer: Chief Financial Officer C/O UNIQUE FABRICATING, 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Cain Byrd Douglas Iii officer: President and CEO 2622 TWIN HILLS COURT, UNION KY 41091
Donn J Viola director C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Paul Frascoia director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Kim Korth director C/O IRN, INC., 2680 WALKER AVENUE, SUITE A, GRAND RAPIDS MI 49544
James Albert Illikman director 500 WOODWARD AVENUE, SUITE 2800, DETROIT MI 48226
Thomas Tekiele officer: Chief Financial Officer 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
John Weinhardt director, officer: President and CEO 800 STANDARD PARKWAY, AUBURN HILLS MI 48326