Current Cost of Supplies - CCS
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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