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Perficient's cost of goods sold for the three months ended in Mar. 2024 was $142.1 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $556.5 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Perficient's Gross Margin % for the three months ended in Mar. 2024 was 34%.
Cost of Goods Sold is also directly linked to Inventory Turnover.
The historical data trend for Perficient'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.
Perficient Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cost of Goods Sold | Get a 7-Day Free Trial | 354.21 | 380.72 | 468.81 | 552.70 | 574.48 |
Perficient 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 | 144.21 | 146.17 | 150.21 | 118.02 | 142.11 |
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 $556.5 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.
Perficient (NAS:PRFT) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Perficient's Gross Margin % for the three months ended in Mar. 2024 is calculated as:
Gross Margin % | = | (Revenue | - | Cost of Goods Sold) | / | Revenue |
= | (215.304 | - | 142.106) | / | 215.304 | |
= | 34 % |
* 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:
Perficient's Inventory Turnover for the three months ended in Mar. 2024 is calculated as:
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 142.106 | / | 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 Perficient's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas J. Hogan | officer: Chief Operating Officer | 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141 |
David S Lundeen | director | C/O PROFICIENT INC, 7600-B N CAPITAL OF TEXAS HWY - STE 220, AUSTIN TX 78731 |
Jill Ackerman Jones | director | 850 DIXIE HWY, LOUISVILLE KY 40210 |
Susan L. Adomite | officer: SVP, Controller & PAO | 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141 |
Kevin Thomas Sheen | officer: Senior Vice President | 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141 |
Nancy C Pechloff | director | 10401 CLAYTON ROAD, ST LOUIS MO 63131 |
Brian L Matthews | director | 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141 |
Ralph C Derrickson | director | 1120 S CAPITAL OF TEXAS HIGHWAY, BLDG 3 SUITE 220, AUSTIN TX 78746 |
Romil Bahl | director | 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042 |
Gary Wimberly | director | ONE EXPRESS WAY, ST. LOUIS MO 63121 |
Jeffrey S Davis | officer: Chairman and CEO | ONE CITYPLACE DRIVE, SUITE 190, SAINT LOUIS MO 63141 |
Paul E Martin | officer: Chief Financial Officer | CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131 |
James R Kackley | director | 855 EAST MAIN AVE, ZEELAND MI 49464-0302 |
Kathryn J Henely | officer: Chief Operating Officer | 520 MARYVILLE CENTRE DR, SUITE 400, ST LOUIS MO 63141 |
John S Hamlin | director | C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682 |
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