Current Cost of Supplies - CCS

What Does Current Cost of Supplies - CCS Mean?
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.

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.

Related Terms

Commodity
Cost of Goods Sold - COGS
Net Income
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