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Groupon (Groupon) Cost of Goods Sold : $64.2 Mil (TTM As of Dec. 2023)


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What is Groupon Cost of Goods Sold?

Groupon's cost of goods sold for the three months ended in Dec. 2023 was $15.4 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $64.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Groupon's Gross Margin % for the three months ended in Dec. 2023 was 88.81%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


Groupon Cost of Goods Sold Historical Data

The historical data trend for Groupon'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.

* Premium members only.

Groupon Cost of Goods Sold Chart

Groupon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,032.79 739.57 229.99 76.26 64.25

Groupon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.03 16.90 16.14 15.80 15.41

Groupon 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $64.2 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.


Groupon  (NAS:GRPN) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(137.716 - 15.406) / 137.716
=88.81 %

* 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:

Groupon's Inventory Turnover for the three months ended in Dec. 2023 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.


Groupon Cost of Goods Sold Related Terms

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Groupon (Groupon) Business Description

Traded in Other Exchanges
Address
600 West Chicago Avenue, Suite 400, Chicago, IL, USA, 60654
Groupon acts as the middleman between consumers and merchants, offering a variety of products and services at discounts via its online store. It offers consumers daily deals from local merchants. It generates revenue from the take rate on the vouchers' purchase and/or usage. More than 60% of Groupon's revenue comes from North America.
Executives
Dusan Senkypl other: See Footnote 1 and Remarks JESTRABI 493, OSNICE, JESENICE 2N 252 42
Jason Harinstein director C/O ARK GLOBAL ACQUISITION CORP., 4235 HILLSBORO PIKE, SUITE 300, NASHVILLE TN 37215
Kyle Netzly officer: Interim CAO 600 W CHICAGO AVE, CHICAGO IL 60654
Jiri Ponrt officer: Chief Financial Officer 600 W CHICAGO AVE, CHICAGO IL 60654
Jan Barta other: See Footnote 1 NA BATERIICH 104/35, BREVNOV, PRAGUE 2N 16200
Pale Fire Capital Sicav A.s. 10 percent owner ZATECKA 55/14, JOSEFOV, PRAGUE 2N 110 00
Maple Rock Capital Partners Inc. 10 percent owner 21 ST. CLAIR AVENUE EAST, SUITE 1100, TORONTO A6 M4T 1L9
Xavier Majic 10 percent owner 21 ST. CLAIR AVENUE EAST, SUITE 1100, TORONTO A6 A6 M4T 1L9
Rpd Opportunity Fund Lp 10 percent owner 767 THIRD AVE, 35TH FLOOR, NEW YORK NY 10017
Rpd Fund Management Llc 10 percent owner 767 THIRD AVE, 35TH FLOOR, NEW YORK NY 10017
Ahmet H Okumus 10 percent owner C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Pale Fire Capital Se other: See Footnote 1 and Remarks ZATECKA 55/14, JOSEFOV, PRAGUE 2N 110 00
Kerrie Dvorak officer: Interim CAO 600 W. CHICAGO AVENUE, SUITE 400, CHICAGO IL 60654
Robert J Bass director C/O GROUPON, INC., 600 WEST CHICAGO AVENUE, SUITE 620, CHICAGO IL 60654
Deborah Wahl director 600 WEST CHICAGO AVENUE, SUITE 400, CHICAGO IL 60654

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