GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PrimeCare Systems Inc (OTCPK:PCYS) » Definitions » Cost of Goods Sold

PrimeCare Systems (PrimeCare Systems) Cost of Goods Sold : $0.10 Mil (TTM As of Mar. 2011)


View and export this data going back to 2008. Start your Free Trial

What is PrimeCare Systems Cost of Goods Sold?

PrimeCare Systems's cost of goods sold for the three months ended in Mar. 2011 was $0.02 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2011 was $0.10 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. PrimeCare Systems's Gross Margin % for the three months ended in Mar. 2011 was %.

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


PrimeCare Systems Cost of Goods Sold Historical Data

The historical data trend for PrimeCare Systems'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.

PrimeCare Systems Cost of Goods Sold Chart

PrimeCare Systems Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10
Cost of Goods Sold
0.03 0.05 0.05 0.08 0.11

PrimeCare Systems Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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 0.03 0.03 0.02 0.02 0.02

PrimeCare Systems 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.10 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.


PrimeCare Systems  (OTCPK:PCYS) Cost of Goods Sold Explanation

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

PrimeCare Systems's Gross Margin % for the three months ended in Mar. 2011 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.024) / 0
= %

* 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:

PrimeCare Systems's Inventory Turnover for the three months ended in Mar. 2011 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.


PrimeCare Systems Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of PrimeCare Systems's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


PrimeCare Systems (PrimeCare Systems) Business Description

Traded in Other Exchanges
N/A
Address
610 Thimble Shoals Boulevard, Suite 402 A, Newport News, VA, USA, 23606
PrimeCare Systems Inc develops and markets software and diagnostic products for the healthcare industry.

PrimeCare Systems (PrimeCare Systems) Headlines

No Headlines