Newegg Commerce (Newegg Commerce) COGS-to-Revenue : 0.89 (As of Dec. 2023)

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What is Newegg Commerce COGS-to-Revenue?

Newegg Commerce's Cost of Goods Sold for the three months ended in Dec. 2023 was $406.7 Mil. Its Revenue for the three months ended in Dec. 2023 was $456.1 Mil.

Newegg Commerce's COGS to Revenue for the three months ended in Dec. 2023 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Newegg Commerce's Gross Margin % for the three months ended in Dec. 2023 was 10.84%.

Newegg Commerce COGS-to-Revenue Historical Data

The historical data trend for Newegg Commerce's COGS-to-Revenue 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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Newegg Commerce COGS-to-Revenue Chart

Newegg Commerce Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.89

0.87

0.86

0.87

0.89

Newegg Commerce Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial								0.87	0.88	-	0.88	0.89

Newegg Commerce COGS-to-Revenue Calculation

Newegg Commerce's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1329.406	/	1496.963
	=	0.89

Newegg Commerce's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	406.714	/	456.144
	=	0.89

Newegg Commerce (NAS:NEGG) COGS-to-Revenue Explanation

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

Newegg Commerce's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	406.714 / 456.144
	=	10.84 %

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.

Newegg Commerce COGS-to-Revenue Related Terms

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Newegg Commerce (Newegg Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Newegg Commerce Inc (NAS:NEGG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

J8D1:Germany J8D:Germany

Address

17560 Rowland Street, City of Industry, CA, USA, 91748

Website

https://www.newegg.com

Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.