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Planet Payment (Planet Payment) Cost of Goods Sold : $21.03 Mil (TTM As of Sep. 2017)


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What is Planet Payment Cost of Goods Sold?

Planet Payment's cost of goods sold for the three months ended in Sep. 2017 was $5.40 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2017 was $21.03 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Planet Payment's Gross Margin % for the three months ended in Sep. 2017 was 60.92%.

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


Planet Payment Cost of Goods Sold Historical Data

The historical data trend for Planet Payment'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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Planet Payment Cost of Goods Sold Chart

Planet Payment Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.95 24.28 23.89 25.76 23.15

Planet Payment Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 5.66 5.04 5.31 5.29 5.40

Planet Payment 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 Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.03 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.


Planet Payment  (NAS:PLPM) Cost of Goods Sold Explanation

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

Planet Payment's Gross Margin % for the three months ended in Sep. 2017 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(13.805 - 5.395) / 13.805
=60.92 %

* 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:

Planet Payment's Inventory Turnover for the three months ended in Sep. 2017 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.


Planet Payment Cost of Goods Sold Related Terms

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Planet Payment (Planet Payment) Business Description

Traded in Other Exchanges
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Address
Planet Payment Inc is a provider of international payment and transaction processing and multi-currency processing services. It organizes its business operations through two segments: Multi Currency Processing Services and Payment Processing Services. Its service portfolio consists of payment processing, multi-currency processing, gateway, data analytics, and commercial transaction services. The company provides its services across the Asia-Pacific region, the Americas, the Middle East, Africa and Europe. It generates the majority of its revenue from Multi Currency Processing Services segment.
Executives
Carl J Williams director, officer: See Remarks 10 GLENLAKE PARKWAY, NORTH TOWER, ATLANTA GA 30189
Shane H. Kim director 500 E. PRATT STREET, SUITE 1200, BALTIMORE MD 21202
David L Warnock other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Jason Tagler other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Joseph T Sherman other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Camden Partners Strategic Fund Ii B Lp other: See Remarks
Camden Partners Strategic Ii Llc other: See Remarks
Camden Partners Strategic Fund Ii A Lp other: See Remarks
Camden Partners Strategic Manager, Llc other: See Remarks 500 E. PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Camden Partners Strategic Iii, Llc other: See Remarks ONE SOUTH STREET, SUITE 2150, BALTIMORE MD 21202
Camden Partners Strategic Fund Iii-a Lp other: See Remarks
Camden Partners Strategic Fund Iii Lp other: See Remarks
Donald W Hughes other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Christopher W Kersey other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Philip D Beck director C/O PLANET PAYMENT, INC., 670 LONG BEACH BOULEVARD, LONG BEACH NY 11561

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