Current Cost of Supplies - CCS
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Definition of 'Current Cost of Supplies - CCS'
This refers to the net income of a company after taking into account the increase (or decrease) in expenses over the reporting period. It is typically used by commodity reliant businesses.
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Investopedia explains 'Current Cost of Supplies - CCS'
You will quite often find this term used in the energy industry because the price of oil can change so much from one year to the next.
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These figures can either shed light on a company's performance or skew it. Find out why.
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Tune out the accounting noise and see whether a company is generating the stuff it needs to sustain itself.
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It's quantity that generates all the hype, but there are more meaningful factors that gauge true performance.
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