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CISO Global (CISO Global) Cost of Goods Sold : $48.53 Mil (TTM As of Mar. 2024)


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What is CISO Global Cost of Goods Sold?

CISO Global's cost of goods sold for the three months ended in Mar. 2024 was $10.84 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $48.53 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CISO Global's Gross Margin % for the three months ended in Mar. 2024 was 8.36%.

Cost of Goods Sold is also directly linked to Inventory Turnover. CISO Global's Inventory Turnover for the three months ended in Mar. 2024 was 94.30.


CISO Global Cost of Goods Sold Historical Data

The historical data trend for CISO Global'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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CISO Global Cost of Goods Sold Chart

CISO Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 0.94 4.37 13.34 43.83 51.01

CISO Global 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 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 13.33 14.51 11.58 11.58 10.84

CISO Global 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $48.53 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.


CISO Global  (NAS:CISO) Cost of Goods Sold Explanation

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

CISO Global's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(11.833 - 10.844) / 11.833
=8.36 %

* 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:

CISO Global's Inventory Turnover for the three months ended in Mar. 2024 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.


CISO Global Cost of Goods Sold Related Terms

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CISO Global (CISO Global) Business Description

Traded in Other Exchanges
N/A
Address
6900 East Camelback Road, Suite 240, Scottsdale, AZ, USA, 85251
CISO Global Inc provides cybersecurity services. The services are used to protect client's data, financial information, intellectual property, and business reputation. The services include penetration testing, security remediation, compliance auditing, vulnerability assessment, and others. Geographically, the company operates in U.S., Chile and All other countries. The majority of revenue is generated from U.S.
Executives
Kyle J. Young officer: Interim COO C/O CISO GLOBAL, INC., 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Ashley Nicole Devoto director, officer: See Remarks C/O CERBERUS CYBER SENTINEL CORPORATION, SUITE 240, SCOTTSDALE AZ 85251
David A. Bennett officer: Chief Operating Officer 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Debra Smith officer: Chief Financial Officer 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Vandeweghe Ernest M. Iii director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Andrew K Mccain director 170 SOUTH GREEN VALLEY PARKWAY, SUITE 300, HENDERSON NV 89012
David Grant Jemmett director, officer: Chief Executive Officer 2303 N 44TH ST, 1011, PHOENIX AZ 85008
Robert C. Oaks director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Reid Scott Holbrook director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Scott Stephen H. Jr. director, 10 percent owner 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251