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Prairie Provident Resources (TSX:PPR) Cost of Goods Sold : C$42.77 Mil (TTM As of Dec. 2024)


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What is Prairie Provident Resources Cost of Goods Sold?

Prairie Provident Resources's cost of goods sold for the three months ended in Dec. 2024 was C$9.89 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was C$42.77 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Prairie Provident Resources's Gross Margin % for the three months ended in Dec. 2024 was 11%.

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


Prairie Provident Resources Cost of Goods Sold Historical Data

The historical data trend for Prairie Provident Resources'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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Prairie Provident Resources Cost of Goods Sold Chart

Prairie Provident Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.36 73.53 89.67 73.17 42.77

Prairie Provident Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 19.43 12.74 10.90 9.25 9.89

Prairie Provident Resources 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$42.77 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.


Prairie Provident Resources  (TSX:PPR) Cost of Goods Sold Explanation

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

Prairie Provident Resources's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(11.111 - 9.889) / 11.111
=11 %

* 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:

Prairie Provident Resources's Inventory Turnover for the three months ended in Dec. 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.


Prairie Provident Resources Cost of Goods Sold Related Terms

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Prairie Provident Resources Business Description

Traded in Other Exchanges
Address
1000, 500 - 4th Avenue S.W, Calgary, AB, CAN, T2P 2V6
Prairie Provident Resources Inc is an independent oil and natural gas exploration, development, and production company. Its reserves, producing properties, and exploration prospects are located predominantly in the Michichi, Princess, and Provost areas of Alberta. A majority of the company's revenue is generated through petroleum and natural gas sales.
Executives
Glenn A. Hamilton Director
Kathy Turgeon Director
David Stobbe Senior Officer
Matthew Shyba Director
Remi Anthony Berthelet Director, Senior Officer
Mimi Lai Director, Senior Officer
Patrick Mcdonald Director
Derek Petrie Director
Gjoa Taylor Senior Officer
Anthony Robert Van Winkoop Senior Officer
William Roach Director
Timothy S. Granger Director, Senior Officer
Brad Likuski Senior Officer

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