POAI has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
POAI has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Predictive Oncology's cost of goods sold for the three months ended in Mar. 2024 was $0.19 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $0.70 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Predictive Oncology's Gross Margin % for the three months ended in Mar. 2024 was 55.24%.
Cost of Goods Sold is also directly linked to Inventory Turnover. Predictive Oncology's Inventory Turnover for the three months ended in Mar. 2024 was 0.40.
The historical data trend for Predictive Oncology'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.
Predictive Oncology Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cost of Goods Sold | Get a 7-Day Free Trial | 0.53 | 0.45 | 0.49 | 0.51 | 0.64 |
Predictive Oncology Quarterly Data | ||||||||||||||||||||
Jun19 | 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 | 0.12 | 0.16 | 0.11 | 0.25 | 0.19 |
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 $0.70 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.
Predictive Oncology (NAS:POAI) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Predictive Oncology's Gross Margin % for the three months ended in Mar. 2024 is calculated as:
Gross Margin % | = | (Revenue | - | Cost of Goods Sold) | / | Revenue |
= | (0.42 | - | 0.188) | / | 0.42 | |
= | 55.24 % |
* 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:
Predictive Oncology's Inventory Turnover for the three months ended in Mar. 2024 is calculated as:
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 0.188 | / | 0.468 | |
= | 0.40 |
* 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 Predictive Oncology's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert L Myers | officer: CHIEF FINANCIAL OFFICER | 4765 BEACON HILL ROAD, EAGAN MN 55122 |
Nuzum Charles Lee Sr | director | 633 1ST STREET WEST, SONOMA CA 95476 |
Veena Rao | director | 2915 COMMERS DRIVE, SUITE 900, EAGAN MN 55121 |
Matthew Hawryluk | director | C/O GRITSTONE ONCOLOGY, INC., 5858 HORTON STREET, SUITE 210, EMERYVILLE CA 94608 |
St. Clair Gregory Sr | director | 1645 WHITLEY DRIVE, HARRISBURG PA 17111 |
Nancy Chung-welch | director | P O BOX 1572, PEPPERELL MA 01463 |
Pamela Bush | officer: Chief Business Officer | 2915 COMMERS DRIVE, SUITE 900, EAGAN MN 55121 |
Daniel E Handley | director | 1142 S. DIAMOND BAR BLVD. #464, DIAMOND BAR CA 91765 |
Raymond F Vennare | director | 2915 COMMERS DRIVE, SUITE 900, EAGAN MN 55121 |
David Stewart Smith | director | 151 WASHINGTON STREET, PITTSBURGH PA 15218 |
J Melville Engle | director | 1 REMINGTON COURT, NAPA CA 94558 |
Jenkins Christina Lee Md | director | 2915 COMMERS DRIVE, SUITE 900, EAGAN MN 55121 |
Carl I. Schwartz | 10 percent owner | 20155 N.E. 38TH COURT, UNIT 3104, AVENTURA FL 33180 |
Richard L Gabriel | director | 900 COCOANUT AVENUE, SARASOTA FL 34236 |
Pamela S Prior | director | 2915 COMMERS DRIVE, SUITE 900, EAGAN MN 55121 |
From GuruFocus
By Stock market mentor Stock market mentor • 01-12-2023
By Marketwired • 06-27-2023
By PurpleRose PurpleRose • 07-26-2022
By Value_Insider Value_Insider • 12-13-2022
By GlobeNewswire GlobeNewswire • 04-20-2023
By Value_Insider Value_Insider • 12-05-2022
By sperokesalga sperokesalga • 04-20-2023
By sperokesalga sperokesalga • 03-17-2023
By sperokesalga sperokesalga • 06-20-2023
By sperokesalga sperokesalga • 02-21-2023
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.