<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from Penn Octane Corporation's Annual Report on Form 10-K for the year ended July 31, 2000, and is qualified in its entirety by reference to such Financial Statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUL-31-2000 <PERIOD-START> AUG-01-1999 <PERIOD-END> JUL-31-2000 <CASH> 25,491 <SECURITIES> 0 <RECEIVABLES> 5,149,651 <ALLOWANCES> 562,950 <INVENTORY> 7,323,209 <CURRENT-ASSETS> 14,181,588 <PP&E> 16,756,816 <DEPRECIATION> 2,105,495 <TOTAL-ASSETS> 31,537,163 <CURRENT-LIABILITIES> 20,438,924 <BONDS> 1,464,984 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 134,352 <OTHER-SE> 9,498,903 <TOTAL-LIABILITY-AND-EQUITY> 31,537,163 <SALES> 98,514,963 <TOTAL-REVENUES> 98,514,963 <CGS> 94,936,405 <TOTAL-COSTS> 94,936,405 <OTHER-EXPENSES> 3,152,646 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,857,057 <INCOME-PRETAX> 1,558,323 <INCOME-TAX> 97,542 <INCOME-CONTINUING> 1,460,781 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,460,781 <EPS-BASIC> .110 <EPS-DILUTED> .100