GURUFOCUS.COM » STOCK LIST » Technology » Software » DatChat Inc (NAS:DATS) » Definitions » Cost of Goods Sold

DatChat (DatChat) Cost of Goods Sold : $4.11 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is DatChat Cost of Goods Sold?

DatChat's cost of goods sold for the three months ended in Mar. 2024 was $0.90 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $4.11 Mil.

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

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


DatChat Cost of Goods Sold Historical Data

The historical data trend for DatChat'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.

DatChat Cost of Goods Sold Chart

DatChat Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
0.50 0.49 2.96 6.55 4.76

DatChat Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.55 1.38 1.25 0.58 0.90

DatChat 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.11 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.


DatChat  (NAS:DATS) Cost of Goods Sold Explanation

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

DatChat's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.898) / 0
= %

* 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:

DatChat's Inventory Turnover for the three months ended in Mar. 2024 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.


DatChat Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of DatChat's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


DatChat (DatChat) Business Description

Traded in Other Exchanges
N/A
Address
204 Nielsen Street, New Brunswick, NJ, USA, 08901
DatChat Inc is a blockchain, cybersecurity, and social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others. Its mobile messaging application is called DatChat Messenger which is a free messaging application.
Executives
Darin M Myman officer: Chief Executive Officer BIGSTRING CORPORATION, 3 HARDING ROAD, SUITE F, RED BANK NJ 07701
Brett Blumberg officer: Chief Financial Officer 204 NEILSON STREET, NEW BRUNSWICK NJ 08901
Wayne Linsley director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Carly Schumer director 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Dan Zeno officer: Chief Operating Officer 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Joseph Eugene Nelson director 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Vadim Mats officer: CHIEF FINANCIAL OFFICER 285 GRAND AVENUE, ENGLEWOOD NJ 07631
Peter Shelus director, officer: CHIEF TECHNOLOGY OFFICER 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Gabriel Daniels officer: CHIEF INFORMATION OFFICER 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901