Bite Acquisition (Bite Acquisition) Cost of Goods Sold : $0.00 Mil (TTM As of Mar. 2024)

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What is Bite Acquisition Cost of Goods Sold?

Bite Acquisition's cost of goods sold for the three months ended in Mar. 2024 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Bite Acquisition's Gross Margin % for the three months ended in Mar. 2024 was %.

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

Bite Acquisition Cost of Goods Sold Historical Data

The historical data trend for Bite Acquisition'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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Bite Acquisition Cost of Goods Sold Chart

Bite Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cost of Goods Sold

Bite Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cost of Goods Sold	Get a 7-Day Free Trial									-	-	-	-	-

Bite Acquisition 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Bite Acquisition (AMEX:BITE) Cost of Goods Sold Explanation

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

Bite Acquisition's Gross Margin % for the three months ended in Mar. 2024 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:

Bite Acquisition's Inventory Turnover for the three months ended in Mar. 2024 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.

Bite Acquisition Cost of Goods Sold Related Terms

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Bite Acquisition (Bite Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bite Acquisition Corp (AMEX:BITE) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

BITE.U:USA

Address

30 West Street, No. 28 F, New York, NY, USA, 10004

Website

https://www.biteacquisitioncorp.com

Bite Acquisition Corp is a blank check company.

Executives

Julia A Stewart	director	4551 WEST 107TH STREET STE 100, C/O APPLEBEES INTERNATIONAL INC, OVERLAND PARK KS 66207
Joseph C. Essa	director	C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Smart Dine, Llc	10 percent owner	30 WEST STREET, NO. 28F, NEW YORK NY 10004
Axel Molet Warschawski	officer: Chief Financial Officer	C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Randall Hiatt	director	C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Alberto Ardura Gonzalez	director, officer: Chief Executive Officer	C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Gomez Rafael Felipe De Jesus Aguirre	director	C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004

Bite Acquisition (Bite Acquisition) Headlines

From GuruFocus

Bite Acquisition Corp. Announces Receipt of NYSE Continued Listing Standard Notice Stemming from SEC Guidance Concerning Accounting Treatment of Warrants

By Business Wire Business Wire • 06-02-2021

Bite Acquisition Corp. Announces Transfer to NYSE American

By PRNewswire PRNewswire • 02-09-2023

Bite Acquisition Corp. Announces Board Resignations

By PRNewswire PRNewswire • 01-03-2023

Bite Acquisition Corp. Announces Amendment and Supplement to Definitive Proxy Statement

By PRNewswire PRNewswire • 12-05-2022