Current Cost of Supplies - CCS

AAA

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.

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
  1. Cost Of Goods Sold - COGS

    The direct costs attributable to the production of the goods ...
  2. Commodity

    1. A basic good used in commerce that is interchangeable with ...
  3. Net Income - NI

    1. A company's total earnings (or profit). Net income is calculated ...
  4. Unconventional Oil

    A type of petroleum that is produced or obtained through techniques ...
  5. Expanded Accounting Equation

    The expanded accounting equation is derived from the accounting ...
  6. Green collar

    A worker who is employed in an industry in the environmental ...
Related Articles
  1. Earnings: Quality Means Everything
    Investing

    Earnings: Quality Means Everything

  2. Top 8 Ways Companies Cook The Books
    Personal Finance

    Top 8 Ways Companies Cook The Books

  3. Managing Income During Retirement
    Budgeting

    Managing Income During Retirement

  4. Understanding Pro-Forma Earnings
    Fundamental Analysis

    Understanding Pro-Forma Earnings

comments powered by Disqus
Hot Definitions
  1. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  2. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  3. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  4. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  5. Budget Deficit

    A status of financial health in which expenditures exceed revenue. The term "budget deficit" is most commonly used to refer ...
  6. Floating Exchange Rate

    A country's exchange rate regime where its currency is set by the foreign-exchange market through supply and demand for that ...
Trading Center