Premier (Premier) COGS-to-Revenue

: 0.34 (As of Dec. 2023)

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Premier's Cost of Goods Sold for the three months ended in Dec. 2023 was $113 Mil. Its Revenue for the three months ended in Dec. 2023 was $335 Mil.

Premier's COGS to Revenue for the three months ended in Dec. 2023 was 0.34.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Premier's Gross Margin % for the three months ended in Dec. 2023 was 66.10%.

Premier COGS-to-Revenue Historical Data

The historical data trend for Premier's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Premier Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

0.29

0.33

0.51

0.38

0.33

Premier Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.33	0.32	0.32	0.34	0.34

Premier COGS-to-Revenue Calculation

Premier's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	439.806	/	1336.095
	=	0.33

Premier's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	113.462	/	334.745
	=	0.34

Premier (NAS:PINC) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Premier's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	113.462 / 334.745
	=	66.10 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Premier COGS-to-Revenue Related Terms

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Premier (Premier) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Premier Inc (NAS:PINC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

13034 Ballantyne Corporate Place, Charlotte, NC, USA, 28277

Website

https://www.premierinc.com

Premier Inc is a Charlotte, North Carolina-based national group purchasing organization providing primary supply chain services to large hospital systems and more recently to alternate outpatient locations as it expands its footprint. Through acquisitions, the company also offers a compliment of advisory services and consulting services along with software-as-a-service-based subscriptions. The company's revenue is all sourced domestically and is reported in two business segments: the core supply chain services (approximately 70% of fiscal 2019 revenue) and the consulting and technology platform of performance services (approximately 30%).

Executives

Andy Brailo	officer: Chief Commercial Officer	13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Andrea L. Frohning	officer: Chief Human Resource Officer	C/O DENTSLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Crystal Climer	officer: Chief Accounting Officer	PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Leigh Anderson	officer: SVP, Chief Information Officer	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
David L Klatsky	officer: General Counsel	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
David Alfred Hargraves	officer: SVP, Supply Chain	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Craig S. Mckasson	officer: Senior VP & CFO	C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Jody R Davids	director	C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Lindsay A Powers	officer: Sr. VP of People	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Stephen R. D'arcy	director	20 BURTON HILLS BOULEVARD, SUITE 100, NASHVILLE TN 37215
William E Mayer	director	C/O LEE ENTERPRISES INC, 201 N. HARRISON ST., STE. 600, DAVENPORT IA 52801
Helen M Boudreau	director	200 TECHNOLOGY SQUARE, 4TH FLOOR, CAMBRIDGE MA 02139
John T. Bigalke	director	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Kelli L. Price	officer: Sr. VP of People	C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Susan D. Devore	director, officer: President & CEO	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277