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PC (Premium Catering (Holdings)) Cost of Goods Sold : $3.23 Mil (TTM As of Jun. 2024)


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What is Premium Catering (Holdings) Cost of Goods Sold?

Premium Catering (Holdings)'s cost of goods sold for the six months ended in Jun. 2024 was $1.58 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was $3.23 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Premium Catering (Holdings)'s Gross Margin % for the six months ended in Jun. 2024 was 8.51%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Premium Catering (Holdings)'s Inventory Turnover for the six months ended in Jun. 2024 was 87.78.


Premium Catering (Holdings) Cost of Goods Sold Historical Data

The historical data trend for Premium Catering (Holdings)'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.

Premium Catering (Holdings) Cost of Goods Sold Chart

Premium Catering (Holdings) Annual Data
Trend Jun22 Jun23 Jun24
Cost of Goods Sold
2.89 3.02 3.20

Premium Catering (Holdings) Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Cost of Goods Sold - 1.47 1.55 1.65 1.58

Premium Catering (Holdings) 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3.23 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.


Premium Catering (Holdings)  (NAS:PC) Cost of Goods Sold Explanation

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

Premium Catering (Holdings)'s Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1.727 - 1.58) / 1.727
=8.51 %

* 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:

Premium Catering (Holdings)'s Inventory Turnover for the six months ended in Jun. 2024 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.


Premium Catering (Holdings) Cost of Goods Sold Related Terms

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Premium Catering (Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
6 Woodlands Walk, Singapore, SGP, 738398
Premium Catering (Holdings) Ltd is a company that conducts its operations through its subsidiary is mainly engaged in food catering for functions, events, and workers in Singapore. Are specialized in Indian, Bangladesh, and Chinese cuisine and all its food products are Halal food which is permissible for consumption by Muslims to consume. Are an ACRA registered company and licensed by SFA to operate and process food business. Serve highquality value-packed food, company deliver's a reliable and dependable service to meet customer's daily meal requirements. The Company recognizes revenue from sales of budgeted prepared meals.