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Zeo Energy (Zeo Energy) Cost of Goods Sold : $65.96 Mil (TTM As of Mar. 2024)


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What is Zeo Energy Cost of Goods Sold?

Zeo Energy's cost of goods sold for the three months ended in Mar. 2024 was $17.18 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $65.96 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zeo Energy's Gross Margin % for the three months ended in Mar. 2024 was 11.82%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Zeo Energy's Inventory Turnover for the three months ended in Mar. 2024 was 47.14.


Zeo Energy Cost of Goods Sold Historical Data

The historical data trend for Zeo Energy'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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Zeo Energy Cost of Goods Sold Chart

Zeo Energy Annual Data
Trend Dec21 Dec22 Dec23
Cost of Goods Sold
14.10 71.21 88.03

Zeo Energy Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Cost of Goods Sold Get a 7-Day Free Trial 19.53 14.81 28.95 19.83 17.18

Zeo Energy 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 $65.96 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.


Zeo Energy  (NAS:ZEO) Cost of Goods Sold Explanation

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

Zeo Energy's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(19.488 - 17.184) / 19.488
=11.82 %

* 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:

Zeo Energy'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.


Zeo Energy Cost of Goods Sold Related Terms

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Zeo Energy (Zeo Energy) Business Description

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Traded in Other Exchanges
N/A
Address
7625 little Road, Suite 200A, New Port Richley, FL, USA, 34654
Website
Zeo Energy Corp is a vertically integrated provider of residential solar energy systems, other energy efficient equipment and related services currently serving customers in Florida, Texas, Arkansas and Missouri.

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