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Porvair (Porvair) Cost of Goods Sold : $141.7 Mil (TTM As of Nov. 2023)


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What is Porvair Cost of Goods Sold?

Porvair's cost of goods sold for the six months ended in Nov. 2023 was $66.9 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Nov. 2023 was $141.7 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Porvair's Gross Margin % for the six months ended in Nov. 2023 was 37.05%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Porvair's Inventory Turnover for the six months ended in Nov. 2023 was 1.66.


Porvair Cost of Goods Sold Historical Data

The historical data trend for Porvair's Cost of Goods Sold 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.

Porvair Cost of Goods Sold Chart

Porvair Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.65 120.67 133.72 133.17 141.44

Porvair Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.79 68.43 68.67 74.81 66.91

Porvair Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $141.7 Mil.

* 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.


Porvair  (OTCPK:PVARF) Cost of Goods Sold Explanation

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

Porvair's Gross Margin % for the six months ended in Nov. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(106.295 - 66.909) / 106.295
=37.05 %

* 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.

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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Porvair's Inventory Turnover for the six months ended in Nov. 2023 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Porvair Cost of Goods Sold Related Terms

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Porvair (Porvair) Business Description

Traded in Other Exchanges
Address
7 Regis Place, Bergen Way, King's Lynn, Norfolk, GBR, PE30 2JN
Porvair PLC is an environmental treatment control company. It develops filtration solutions to be used by various types of industries. The company caters to its clients through three divisions, Aerospace and Industrial, Laboratory and Metal Melt Quality. Aerospace and Industrial Division is a key revenue generator, designs and manufactures specialist filtration equipment for application in aerospace, energy, bioscience, water and industrial applications. Laboratory Division designs and manufactures instruments and consumables for use in environmental and bioscience laboratories. Metal Melt Quality Division designs and manufactures porous ceramic filters for the filtration of molten metals. The company generates majority of its manufacturing revenue from sales in the United States.

Porvair (Porvair) Headlines

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