GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Resolute Forest Products Inc (NYSE:RFP) » Definitions » Cost of Goods Sold

Resolute Forest Products (Resolute Forest Products) Cost of Goods Sold : $2,463 Mil (TTM As of Sep. 2022)


View and export this data going back to 1984. Start your Free Trial

What is Resolute Forest Products Cost of Goods Sold?

Resolute Forest Products's cost of goods sold for the three months ended in Sep. 2022 was $653 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2022 was $2,463 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Resolute Forest Products's Gross Margin % for the three months ended in Sep. 2022 was 32.96%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Resolute Forest Products's Inventory Turnover for the three months ended in Sep. 2022 was 1.08.


Resolute Forest Products Cost of Goods Sold Historical Data

The historical data trend for Resolute Forest Products'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.

Resolute Forest Products Cost of Goods Sold Chart

Resolute Forest Products Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,588.00 2,549.00 2,198.00 2,010.00 2,258.00

Resolute Forest Products 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 554.00 616.00 547.00 647.00 653.00

Resolute Forest Products 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 $2,463 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.


Resolute Forest Products  (NYSE:RFP) Cost of Goods Sold Explanation

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

Resolute Forest Products's Gross Margin % for the three months ended in Sep. 2022 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(974 - 653) / 974
=32.96 %

* 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:

Resolute Forest Products'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.


Resolute Forest Products Cost of Goods Sold Related Terms

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


Resolute Forest Products (Resolute Forest Products) Business Description

Traded in Other Exchanges
N/A
Address
1010 De La Gauchetiere Street West, Suite 400, Montreal, QC, CAN, H3B 2N2
Resolute Forest Products Inc is engaged in the forest products industry with a range of products, including market pulp, tissue, wood products, newsprint, and specialty papers. The product range includes market pulp, tissue, wood products, newsprint and specialty papers which are marketed to nearly 50 countries. The company owns or operates pulp, paper, tissue and wood products facilities in the United States and Canada.
Executives
Patrice Minguez officer: President, Tissue Group C/O RESOLUTE FOREST PRODUCTS INC., 111 DUKE STREET, MONTREAL A8 H3C 2M1
Hugues Simon officer: President, Wood products 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Sylvain A. Girard officer: Chief Financial Officer 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Duncan Davies director 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Stephanie Leclaire officer: Chief Legal Officer 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Daniel Viboux officer: Chief Accounting Officer 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Suzanne Blanchet director 111 ROBERT-BOURASSA BOULEVARD, SUITE 5000, MONTREAL A8 H3C 2M1
Michael S Rousseau director C/O ABITIBIBOWATER INC., 1155 METCALFE STREET, SUITE 800, MONTREAL, QUEBEC Z4 H3B 5H2
Alain Rheaume director C/O ABITIBIBOWATER INC., 1155 METCALFE STREET, SUITE 800, MONTREAL, QUEBEC Z4 H3B 5H2
Lori Kilgour officer: SVP, Chief Information Officer 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C2M1
Daniel Ouellet officer: SVP Human Resources 111 ROBERT-BOURASSA BOULEVARD, SUITE 5000, MONTREAL A8 H3C 2M1
Richard Joseph Tremblay officer: SVP, Pulp and Paper Operations C/O RESOLUTE FOREST PRODUCTS INC., 111 DUKE STREET, SUITE 5000, MONTREAL A8 H3C 2M1
John Lafave officer: Senior Vice President C/O ABITIBIBOWATER INC., 1155 METCALFE STREET, SUITE 800, MONTREAL A8 H3B 5H2
Randall C Benson director RESOLUTE FOREST PRODUCTS INC., 111 DUKE STREET, SUITE 5000, MONTREAL A8 H3C 2M1
Bradley Martin director C/O ODYSSEY RE HOLDINGS CORP., 300 FIRST STAMFORD PLACE, STAMFORD CT 06902