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.

BREAKING DOWN '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. Bottom Line

    Refers to a company's net earnings, net income or earnings per ...
  2. Net Income - NI

    1. A company's total earnings (or profit). Net income is calculated ...
  3. Net Loss

    The result that occurs when expenses exceed the income or total ...
  4. Net Investment Income

    Income received from investment assets (before taxes) such as ...
  5. Accounting Period

    The time span in which certain financial events took place. The ...
  6. Technically Weak Market

    A market in which open interest is increasing and prices are ...
Related Articles
  1. Financial Advisor

    When Will it Be Safe to Buy Commodities?

    When will it be safe to buy commodities (and which ones)? A closer look at the commodities markets and how they move.
  2. Investing

    Understanding the Income Statement

    The best way to analyze a company—and figure out if it's worth investing in—is to know how to dissect its income statement. Here's how to do it.
  3. Investing

    The Importance of Commodity Pricing in Understanding Inflation

    Commodity prices are believed to be a leading indicator of inflation, but does it always hold?
  4. Investing

    How To Invest In Commodities

    Find out which futures, options or funds will be your perfect commodity portfolio fit.
  5. Financial Advisor

    An Overview Of Commodities Trading

    Commodities markets, both historically and in modern times, have had tremendous economic impact on nations and people. Investing in commodities can quickly degenerate into gambling or speculation ...
  6. Investing

    Commodity Funds 101

    These funds make investing in gold, oil or grain an easier prospect.
  7. Managing Wealth

    Commodities Relative Value

    In this special report, we take a close look at the hedge fund segment, considering key characteristics and performance trends, and offering our outlook for the rest of the year and beyond.
  8. Investing

    Understanding the Commodity Market

    There are currently 50 physical and virtual commodity markets worldwide where almost 100 primary commodities trade through the exchange of ownership rights.
  9. Investing

    Is Net Income The Same As Profit?

    Net income and profit both deal with positive cash flow, but there are important differences between the two concepts.
  10. Investing

    Which Way Are Commodity Prices Headed In 2016?

    Commodity prices have been on a rollercoaster for the last four years due to global economic uncertainty. Will the trend continue or will their prices rise again?
RELATED FAQS
  1. How is the bottom line increased or decreased?

    Find out about the bottom line and how changes in sales revenue or expenses can cause a company's net profit to increase ... Read Answer >>
  2. What is being adjusted in "adjusted net income"?

    Understand the difference between net income and adjusted net income, including which items factor into the adjustment and ... Read Answer >>
  3. How can I find net margin by looking a company's financial statements?

    Learn how to calculate a company's net margin using financial statements by dividing the company's net revenues by its net ... Read Answer >>
  4. What are the best ways for a company to improve its net margin?

    Learn about what businesses can do to increase their net margin, including ways to increase sales revenue and decrease operational ... Read Answer >>
  5. Is net income the same as profit?

    Understand the difference between profit and net income, including why corporate accountants calculate profit at different ... Read Answer >>
  6. Who sets the price of commodities?

    Commodities are extremely important as they are essential factors in the production of other goods. A wide of array of commodities ... Read Answer >>
Hot Definitions
  1. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  2. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
  3. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
  4. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
  5. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  6. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
Trading Center