PCT has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
PCT has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
PureCycle Technologies's cost of goods sold for the three months ended in Mar. 2024 was $21.19 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $65.09 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. PureCycle Technologies's Gross Margin % for the three months ended in Mar. 2024 was %.
Cost of Goods Sold is also directly linked to Inventory Turnover.
The historical data trend for PureCycle Technologies'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.
PureCycle Technologies Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Cost of Goods Sold | Get a 7-Day Free Trial | 5.97 | 8.60 | 8.27 | 23.72 | 52.39 |
PureCycle Technologies Quarterly Data | ||||||||||||||||||||
Dec18 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cost of Goods Sold | Get a 7-Day Free Trial | 7.37 | 14.02 | 21.90 | 7.98 | 21.19 |
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 $65.09 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.
PureCycle Technologies (NAS:PCT) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
PureCycle Technologies's Gross Margin % for the three months ended in Mar. 2024 is calculated as:
Gross Margin % | = | (Revenue | - | Cost of Goods Sold) | / | Revenue |
= | (0 | - | 21.194) | / | 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:
PureCycle Technologies's Inventory Turnover for the three months ended in Mar. 2024 is calculated as:
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 21.194 | / | 0 | |
= | N/A |
* 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.
Thank you for viewing the detailed overview of PureCycle Technologies's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.
Lawrence C Somma | officer: Chief Financial Officer | C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA |
Steven F Bouck | director | C/O WASTE CONNECTIONS INC, 2260 DOUGLAS BLVD SUITE 280, ROSEVILLE CA 95661 |
Fernando Musa | director | 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822 |
Daniel M Coombs | director | C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA |
Dustin Olson | officer: Chief Manufacturing Officer | 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822 |
Brad Kalter | officer: Gen. Counsel & Corp. Secretary | 800 2ND AVE S, ST PETERSBURG FL 33701 |
John Stewart Scott | director | 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822 |
David Warner Brenner | officer: Chief Commercial Officer | 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822 |
Jeffrey Richard Fieler | director | 10 MARKET STREET, PO BOX 687, GRAND CAYMAN E9 KY1-9006 |
Sylebra Capital Ltd | 10 percent owner | 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000 |
Timothy Glockner | director | 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822 |
Daniel Patrick Gibson | 10 percent owner | 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109 |
Michael Otworth | director, officer: Chairman & CEO | 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822 |
Allen Jacoby | director | 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822 |
Michael E Dee | officer: Chief Financial Officer | 118 VINTAGE PARK BLVD, HOUSTON TX 77070 |
From GuruFocus
By PRNewswire • 11-14-2023
By PRNewswire • 11-14-2023
By ACCESSWIRE • 11-21-2023
By PRNewswire • 11-14-2023
By PRNewswire • 11-14-2023
By ACCESSWIRE • 12-02-2023
By PRNewswire • 11-25-2023
By PRNewswire • 11-28-2023
By GuruFocus Research • 11-15-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.