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OneSpan (OneSpan) Cost of Goods Sold : $77.4 Mil (TTM As of Dec. 2023)


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What is OneSpan Cost of Goods Sold?

OneSpan's cost of goods sold for the three months ended in Dec. 2023 was $19.5 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $77.4 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. OneSpan's Gross Margin % for the three months ended in Dec. 2023 was 69.07%.

Cost of Goods Sold is also directly linked to Inventory Turnover. OneSpan's Inventory Turnover for the three months ended in Dec. 2023 was 1.26.


OneSpan Cost of Goods Sold Historical Data

The historical data trend for OneSpan'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.

OneSpan Cost of Goods Sold Chart

OneSpan 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 85.65 67.63 71.55 70.44 77.39

OneSpan 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 18.67 18.32 21.44 18.17 19.46

OneSpan 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 $77.4 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.


OneSpan  (NAS:OSPN) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(62.928 - 19.462) / 62.928
=69.07 %

* 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:

OneSpan'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.


OneSpan Cost of Goods Sold Related Terms

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OneSpan (OneSpan) Business Description

Traded in Other Exchanges
Address
121 West Wacker Drive, Suite 2050, Chicago, IL, USA, 60601
OneSpan Inc is a provider of information technology security solutions for banking and financial services and application security markets. Its solutions secure and manage access to digital assets and protect online transactions, via mobile devices and in-person. Authentication and anti-fraud solutions are the organization's primary product offerings and include multifactor authentication and virtual private network access capabilities. The company derives revenues from hardware and license fees, maintenance and support fees, and subscription fees. A large majority of the firm's revenue is generated in Europe, Middle East and Africa, and the rest in the United States and Asia-Pacific region.
Executives
Marc Zenner director 1000 LOUISIANA STREET, SUITE 3850, HOUSTON TX 77002
Michael J Mcconnell director P.O. BOX 6280, NEWPORT BEACH CA 92658
Jorge Garcia Martell officer: Chief Financial Officer 121 W WACKER #2050, CHICAGO IL 60601
Lara Mataac other: General Counsel 121 W WACKER #2050, CHICAGO IL 60601
Alfred A Nietzel director ONE ADP BOULEVARD, ROSELAND NJ 07068
Steven Worth officer: General Counsel 121 W. WACKER, 20TH FLOOR, CHICAGO IL 60601
T Kendall Hunt director, 10 percent owner, officer: Chief Executive Officer C/O VASCO DATA SECURITY, 1901 S MEYERS ROAD, OAKBROOK TERRACE IL 60181
Matthew Moynahan officer: Chief Executive Officer 121 W WACKER #2050, CHICAGO IL 60601
Marianne Johnson director 121 W. WACKER #2050, CHICAGO IL 60601
Marc Boroditsky director 121 W. WACKER DR., SUITE 2050, CHICAGO IL 60614
John Bosshart other: Principal Accounting Officer 500 W. MADISON STREET, #1000, CHICAGO IL 60661
Sarika Garg director 121 W. WACKER, 20TH FLOOR, CHICAGO IL 60601
Garry L Capers director 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Naureen Hassan director 121 W. WACKER #2050, CHICAGO IL 60601
Scott Clements officer: President and COO 1901 S. MEYERS ROAD SUITE 210, OAKBROOK TERRACE IL 60181