Protect Pharmaceutical (Protect Pharmaceutical) Cost of Goods Sold

: $0.00 Mil (TTM As of Jun. 2018)

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Protect Pharmaceutical's cost of goods sold for the three months ended in Jun. 2018 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2018 was $0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Protect Pharmaceutical's Gross Margin % for the three months ended in Jun. 2018 was %.

Cost of Goods Sold is also directly linked to Inventory Turnover.

Protect Pharmaceutical Cost of Goods Sold Historical Data

The historical data trend for Protect Pharmaceutical'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.

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Protect Pharmaceutical Annual Data

Trend

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Cost of Goods Sold

Protect Pharmaceutical Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Cost of Goods Sold																-	-	-	-	-

Protect Pharmaceutical 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Protect Pharmaceutical (OTCPK:PRTT) Cost of Goods Sold Explanation

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

Protect Pharmaceutical's Gross Margin % for the three months ended in Jun. 2018 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(0	-	0)	/	0
	=	%

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:

Protect Pharmaceutical's Inventory Turnover for the three months ended in Jun. 2018 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

Protect Pharmaceutical Cost of Goods Sold Related Terms

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Protect Pharmaceutical (Protect Pharmaceutical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Protect Pharmaceutical Corp (OTCPK:PRTT) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

12465 South Street, Suite 240, Draper, UT, USA, 84020

Website

https://www.inaiapp.com

Protect Pharmaceutical Corp has an organic solution to soil and crop protection, annual growth, and natural restoration upon the completion of crop cycles. The company uses its products to revitalize farming soil, produce organic, toxin-free crops, and meet the increasing global demand for agricultural sustainability initiatives.