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Performance Food Group Co (Performance Food Group Co) Cost of Goods Sold : $51,430 Mil (TTM As of Dec. 2023)


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What is Performance Food Group Co Cost of Goods Sold?

Performance Food Group Co's cost of goods sold for the three months ended in Dec. 2023 was $12,698 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $51,430 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Performance Food Group Co's Gross Margin % for the three months ended in Dec. 2023 was 11.18%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Performance Food Group Co's Inventory Turnover for the three months ended in Dec. 2023 was 3.70.


Performance Food Group Co Cost of Goods Sold Historical Data

The historical data trend for Performance Food Group Co'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.

Performance Food Group Co Cost of Goods Sold Chart

Performance Food Group Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,230.50 22,217.10 26,873.70 45,637.70 50,999.80

Performance Food Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12,399.30 12,259.40 13,196.90 13,275.70 12,697.60

Performance Food Group Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $51,430 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.


Performance Food Group Co  (NYSE:PFGC) Cost of Goods Sold Explanation

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

Performance Food Group Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(14295.7 - 12697.6) / 14295.7
=11.18 %

* 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:

Performance Food Group Co's Inventory Turnover for the three months ended in Dec. 2023 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.


Performance Food Group Co Cost of Goods Sold Related Terms

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Performance Food Group Co (Performance Food Group Co) Business Description

Traded in Other Exchanges
Address
12500 West Creek Parkway, Richmond, VA, USA, 23238
Performance Food Group Co is the third-largest U.S. food-service distributor behind Sysco and us Foods, with 9% market share. PFG's food-service business (52% of 2022 sales) provides customized food products and services (such as product selection and procurement) to independent and chain restaurants, and institutional customers. Acquisitions of Eby-Brown (2019) and Core-Mark (2021) enabled PFG to tap into the convenience store segment (41% of sales), offering convenience products, marketing programs, and technology solutions to convenience stores, drug stores, and other such channels. The firm's Vistar business (7% of sales) is a national distributor of candy, snacks, and beverages to vending and office coffee service distributors, theaters, and hospitality providers.
Executives
David V Singer director 13024 BALLANTYNE CORPORATE PL, SUITE 900, CHARLOTTE NC 28277
Patrick T. Hagerty officer: See Remarks C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238
George L Holm director, officer: See Remarks 3000 69TH STREET EAST, PALMETTO FL 34221
Donald S. Bulmer officer: See Remarks 12500 WEST CREEK PARKWAY, RICHMOND VA 23238
Craig Howard Hoskins officer: See Remarks C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238
Hugh Patrick Hatcher officer: See Remarks 12500 WEST CREEK PARKWAY, RICHMOND VA 23238
Christine R Vlahcevic officer: See Remarks 1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350
Kimberly Grant director 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Scott E Mcpherson officer: See Remarks 395 OYSTER POINT BLVD, SUITE 415, SAN FRANCISCO CA 94080
Matthew C Flanigan director LEGGETT & PLATT INC, NO 1 LEGGETT ROAD, CARTHAGE MO 64836
Laura Jean Flanagan director 395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080
James D Hope officer: See Remarks 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Warren M Thompson director 4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Barbara Beck director 5301 N IRONWOOD RD, MILWAUKEE WI 53217
Erika T Davis officer: See Remarks