El Paso Electric Co's cost of goods sold for the
three
months ended in Mar. 2020 was $114.3 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2020 was $494.1 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. El Paso Electric Co's Gross Margin % for the
three
months ended in Mar. 2020 was 27.9%.
Cost of Goods Sold is also directly linked to Inventory Turnover. El Paso Electric Co's Inventory Turnover for the
three
months ended in Mar. 2020 was 1.89.
El Paso Electric Co Cost of Goods Sold Historical Data
The historical data trend for El Paso Electric 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.
Cost of Goods Sold for the trailing twelve months (TTM) ended in Mar. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $494.1 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.
El Paso Electric Co (NYSE:EE) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
El Paso Electric Co's Gross Margin % for the
three
months ended in Mar. 2020 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.
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:
El Paso Electric Co's Inventory Turnover for the
three
months ended in Mar. 2020 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.
El Paso Electric Co Cost of Goods Sold Related Terms
Thank you for viewing the detailed overview of El Paso Electric Co's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.
El Paso Electric Co (El Paso Electric Co) Business Description
El Paso Electric Co is a Texas-based public utility company engaged in the generation, transmission, and distribution of electricity in the Southwestern U.S. The company principally serves retail customers in the El Paso, Texas and Las Cruces, New Mexico markets through its portfolio of nuclear, natural gas, coal, solar, and wind power plants. The vast majority of the total power produced by El Paso Electric is derived from its nuclear and natural gas facilities. The company generates most of its revenue from the production and sale of energy. Distribution service fees also represent a significant income stream. El Paso Electric primarily serves residential and small industrial customers, but also participates in wholesale transactions with local military installations and universities.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EE has been successfully added to your 