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Pineapple (Pineapple) Cost of Goods Sold : $0.76 Mil (TTM As of Sep. 2023)


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What is Pineapple Cost of Goods Sold?

Pineapple's cost of goods sold for the three months ended in Sep. 2023 was $0.48 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2023 was $0.76 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Pineapple's Gross Margin % for the three months ended in Sep. 2023 was -352.38%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Pineapple's Inventory Turnover for the three months ended in Sep. 2023 was 190.00.


Pineapple Cost of Goods Sold Historical Data

The historical data trend for Pineapple'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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Pineapple Cost of Goods Sold Chart

Pineapple Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec21 Dec22
Cost of Goods Sold
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Pineapple Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - 0.29 0.48

Pineapple 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.76 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.


Pineapple  (OTCPK:PNPL) Cost of Goods Sold Explanation

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

Pineapple's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.105 - 0.475) / 0.105
=-352.38 %

* 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:

Pineapple's Inventory Turnover for the three months ended in Sep. 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.


Pineapple Cost of Goods Sold Related Terms

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Pineapple (Pineapple) Business Description

Traded in Other Exchanges
N/A
Address
10351 Santa Monica Boulevard, Suite 420, Los Angeles, CA, USA, 90025
Pineapple Inc Formerly Pineapple Express Inc through its subsidiary provides expert consulting, product licensing, and capital to help distinguish and grow new and existing businesses within the cannabis industry. Primarily the group is involved in purchase and lease of real estate property, offering consulting services and technology to develop and enhance canna-businesses. It derives most of the revenue from of rent and tent reimbursements source.

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