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Arcadium Lithium (Arcadium Lithium) Cost of Goods Sold : $380.3 Mil (TTM As of Sep. 2023)


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What is Arcadium Lithium Cost of Goods Sold?

Arcadium Lithium's cost of goods sold for the three months ended in Sep. 2023 was $94.9 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2023 was $380.3 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Arcadium Lithium's Gross Margin % for the three months ended in Sep. 2023 was 55.11%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Arcadium Lithium's Inventory Turnover for the three months ended in Sep. 2023 was 0.47.


Arcadium Lithium Cost of Goods Sold Historical Data

The historical data trend for Arcadium Lithium'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.

Arcadium Lithium Cost of Goods Sold Chart

Arcadium Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cost of Goods Sold
Get a 7-Day Free Trial 236.20 273.50 251.40 332.00 417.50

Arcadium Lithium Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 112.20 105.50 87.50 92.40 94.90

Arcadium Lithium 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $380.3 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.


Arcadium Lithium  (NYSE:ALTM) Cost of Goods Sold Explanation

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

Arcadium Lithium's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(211.4 - 94.9) / 211.4
=55.11 %

* 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:

Arcadium Lithium's Inventory Turnover for the three months ended in Sep. 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.


Arcadium Lithium Cost of Goods Sold Related Terms

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Arcadium Lithium (Arcadium Lithium) Business Description

Address
1818 Market Street, Philadelphia, PA, USA, 19103
Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.
Executives
Gilberto Antoniazzi officer: Vice President and CFO LIVENT CORPORATION, C/O FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Paul W Graves director, officer: President and CEO 1735 MARKET STREET, PHILADELPHIA PA 19103
Christina Lampe-onnerud director C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Pablo Marcet director C/O GEO LOGIC SA, PASCUAL, FICHERA Y, ASOC., CERRITO 1070, PISO 8, BUENOS AIRES C1 1010
Ronald B Stark officer: Chief Accounting Officer C/O NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Nicholas Pfeiffer officer: Chief Accounting Officer 1735 MARKET STREET, PHILADELPHIA PA 19103
G Peter Daloia director
Steven T Merkt director 1050 WESTLAKES DRIVE, BERWYN PA 19312
Michael F Barry director ONE QUAKER PARK, 901 HECTOR ST, CONSHOHOCHEN PA 19428
Pierre R Brondeau director ROHAM AND HAAS CO, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Robert C Pallash director 17000 ROTUNDA DRIVE, DEARBORN MI 48120
Andrea E Utecht director 1735 MARKET ST, 15TH FL, PHILADELPHIA PA 19103
Fmc Corp 10 percent owner 2929 WALNUT STREET, PHILADELPHIA PA 19104
Sara Ponessa officer: VP, Gen. Counsel & Secretary C/O LIVENT CORP., 1818 MARKET STREET, PHILADELPHIA PA 19103
Thomas Schneberger officer: Vice President and COO C/O FMC CORP, 2929 WALNUT STREET, PHILADELPHIA PA 19104