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Support.com (Support.com) Cost of Goods Sold : $25.62 Mil (TTM As of Jun. 2021)


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What is Support.com Cost of Goods Sold?

Support.com's cost of goods sold for the three months ended in Jun. 2021 was $5.49 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2021 was $25.62 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Support.com's Gross Margin % for the three months ended in Jun. 2021 was 35.48%.

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


Support.com Cost of Goods Sold Historical Data

The historical data trend for Support.com'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.

Support.com Cost of Goods Sold Chart

Support.com Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.73 47.39 57.60 46.87 28.92

Support.com Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 7.17 7.27 6.77 6.10 5.49

Support.com 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.62 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.


Support.com  (NAS:SPRT) Cost of Goods Sold Explanation

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

Support.com's Gross Margin % for the three months ended in Jun. 2021 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(8.512 - 5.492) / 8.512
=35.48 %

* 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:

Support.com's Inventory Turnover for the three months ended in Jun. 2021 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.


Support.com Cost of Goods Sold Related Terms

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Support.com (Support.com) Business Description

Traded in Other Exchanges
N/A
Address
1521 Concord Pike (US 202), Suite 301, Wilmington, DE, USA, 19803
Support.com Inc is engaged in the provision of cloud-based software and services, which enables technology support for a connected world. The company offers turnkey, outsourced support services for service providers, retailers, internet of things solution providers, and technology companies. The firm's technology support services programs are designed for both the consumer and small and medium business markets and include computer and mobile device set-up, security and support, virus and malware removal, wireless network set-up, and home security and automation system support. Geographically, the company has a presence across the region of the US, Philippines and India.
Executives
Shelly B. Schaffer officer: EVP CFO 1900 SEAPORT BLVD., 3RD FLOOR REDWOOD CITY CA 94063
Lance Rosenzweig director, officer: President and CEO 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Joshua Schechter director C/O THE PANTRY, INC., 305 GREGSON DRIVE, CARY NC 27511
Bradley Louis Radoff director 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Christine A. Kowalczyk officer: Chief Operating Officer 1200 CROSSMAN AVE. SUITE 210 SUNNYAVALE CA 94089
Richard A Bloom director, officer: Principal Financial Officer 1621 18TH STREET SUITE 250 DENVER CO 80202
Brian J Kelley director
Eric Singer director 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
Chris Koverman officer: VP, Product & Engineering 900 CHESAPEAKE DRIVE, FLOOR 2 REDWOOD CITY CA 94063
Roop Kalyan Lakkaraju officer: EVP, CFO & COO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Elizabeth Cholawsky officer: President & CEO 1636 LA VISTA DEL OCEANO, SANTA BARBARA CA 93109
Timothy S Stanley director 107 FOUNTAINHEAD CIRCLE HENDERSON NV 89052
Jim Stephens director 900 CHESAPEAKE DR, 2ND FLOOR REDWOOD CITY CA 94063
Toni Portmann director 900 CHESAPEAKE DR, 2ND FLOOR REDWOOD CITY CA 94063
O Malley J Martin director 900 CHESAPEAKE DR, 2ND FLOOR REDWOOD CITY CA 94063