LightInTheBox Holding Co (LightInTheBox Holding Co) COGS-to-Revenue : 0.44 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is LightInTheBox Holding Co COGS-to-Revenue?

LightInTheBox Holding Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $60.2 Mil. Its Revenue for the three months ended in Dec. 2023 was $135.6 Mil.

LightInTheBox Holding Co's COGS to Revenue for the three months ended in Dec. 2023 was 0.44.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. LightInTheBox Holding Co's Gross Margin % for the three months ended in Dec. 2023 was 55.61%.

LightInTheBox Holding Co COGS-to-Revenue Historical Data

The historical data trend for LightInTheBox Holding Co'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.

* Premium members only.

LightInTheBox Holding Co COGS-to-Revenue Chart

LightInTheBox Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.60

0.56

0.54

0.45

0.43

LightInTheBox Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.46	0.44	0.43	0.40	0.44

LightInTheBox Holding Co COGS-to-Revenue Calculation

LightInTheBox Holding Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	269.496	/	629.428
	=	0.43

LightInTheBox Holding Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	60.171	/	135.556
	=	0.44

LightInTheBox Holding Co (NYSE:LITB) COGS-to-Revenue Explanation

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

LightInTheBox Holding Co'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	-	60.171 / 135.556
	=	55.61 %

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.

LightInTheBox Holding Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of LightInTheBox Holding Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

LightInTheBox Holding Co (LightInTheBox Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » LightInTheBox Holding Co Ltd (NYSE:LITB) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

L4XA:Germany

Address

51 Tai Seng Avenue, No. 05-02B/C, Pixel Red, Singapore, SGP, 533941

Website

https://www.lightinthebox.com

LightInTheBox Holding Co Ltd is an online retail company delivering products directly to consumers across the world. It provides apparel products including customized, special occasion and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products. The company is engaged in product sales which consisted of online retailing of consumer products. It also provides services which consisted of the provision of logistic services to e-commerce retailers and small businesses. Geographically, it operates in Europe which is the key revenue driver, North America, and other countries.