Urban Outfitters (Urban Outfitters) Cost of Goods Sold

: $3,438 Mil (TTM As of Jan. 2024)

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Urban Outfitters's cost of goods sold for the three months ended in Jan. 2024 was $1,052 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jan. 2024 was $3,438 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Urban Outfitters's Gross Margin % for the three months ended in Jan. 2024 was 29.21%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Urban Outfitters's Inventory Turnover for the three months ended in Jan. 2024 was 1.66.

Urban Outfitters Cost of Goods Sold Historical Data

The historical data trend for Urban Outfitters'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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Urban Outfitters Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cost of Goods Sold

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2,743.96

2,587.84

3,054.81

3,368.03

3,437.83

Urban Outfitters Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cost of Goods Sold	Get a 7-Day Free Trial															1,012.25	742.44	816.61	826.77	1,052.01

Urban Outfitters 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,438 Mil.

Urban Outfitters (NAS:URBN) Cost of Goods Sold Explanation

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

Urban Outfitters's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(1486.194	-	1052.009)	/	1486.194
	=	29.21 %

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:

Urban Outfitters's Inventory Turnover for the three months ended in Jan. 2024 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1052.009	/	635.6265
	=	1.66

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.

Urban Outfitters Cost of Goods Sold Related Terms

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Urban Outfitters (Urban Outfitters) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Urban Outfitters Inc (NAS:URBN) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

UOF:Germany UOF:Germany URBN:Argentina

Address

5000 South Broad Street, Philadelphia, PA, USA, 19112-1495

Website

https://www.urbn.com

Founded in 1970, Philadelphia-based Urban Outfitters is an apparel and home goods retailer that operates about 700 stores and e-commerce in North America (87% of fiscal 2023 sales) and other regions. Its retail nameplates are Urban Outfitters, Free People, FP Movement, and Anthropologie. Retail accounted for 92% of fiscal 2023 revenue, but the firm also sells products through a wholesale operation, owns some restaurants, and operates a clothing rental and resale business called Nuuly. Urban Outfitters primarily markets to young adults and offers products in categories such as apparel (63% of fiscal 2023 sales), home goods (19% of sales), accessories (13% of sales), and more.

Executives

Tricia D Smith	officer: Global CEO Anthropologie	C/O URBAN OUTFITTERS INC, 5000 SOUTH BROAD STREET, PHILADELPHIA X1 19112
Todd R Morgenfeld	director	C/O PINTEREST, INC., 651 BRANNAN STREET, SAN FRANCISCO CA 94107
Melanie Marein-efron	officer: Chief Financial Officer	C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Azeez Hayne	officer: General Counsel and Secretary	C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19147
Frank Conforti	officer: Controller	5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Mary Egan	director	520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Kotzman Kelly Campbell	director	C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Margaret Hayne	officer: President, Free People	C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Edward N Antoian	director	415 LANTERN LANE, BERWYN PA 19312
Sheila B. Harrington	officer: Global CEO, UO & FP Groups	C/O 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Amin N. Maredia	director	11811 N. TATUM BOULEVARD SUITE 2400, PHOENIX AZ 85028
John Champlin Mulliken	director	C/O 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Trish Donnelly	officer: Urban Outfitters NA Brand Pres	C/O PVH CORP., 200 MADISON AVENUE, NEW YORK NY 10016
Wesley S Mcdonald	director
Lawson Joel S Iii	director	1809 WALNUT STREET, PHILADELLPHIA PA 19103