Switch to:
Amazon.com Inc  (NAS:AMZN) Cost of Goods Sold: \$165,838 Mil (TTM As of Sep. 2018)

Amazon.com Inc's cost of goods sold for the three months ended in Sep. 2018 was \$41,278 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2018 was \$165,838 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Amazon.com Inc's Gross Margin % for the three months ended in Sep. 2018 was 27.04%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Amazon.com Inc's Inventory Turnover for the three months ended in Sep. 2018 was 2.69.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Amazon.com Inc Annual Data

 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Cost of Goods Sold 62,766.00 73,518.00 85,061.00 105,884.00 137,183.00

Amazon.com Inc Quarterly Data

 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Cost of Goods Sold 33,969.00 47,469.00 38,527.00 38,564.00 41,278.00

Calculation

Cost of goods sold (COGS) refers to the Total Inventories costs of those goods a business has sold during a particular period.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Sep. 2018 was 47469 (Dec. 2017 ) + 38527 (Mar. 2018 ) + 38564 (Jun. 2018 ) + 41278 (Sep. 2018 ) = \$165,838 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

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

Amazon.com Inc's Gross Margin % for the three months ended in Sep. 2018 is calculated as:

 Gross Margin % = (Revenue - Cost of Goods Sold) / Revenue = (56576 - 41278) / 56576 = 27.04 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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:

Amazon.com Inc's Inventory Turnover for the three months ended in Sep. 2018 is calculated as:

 Inventory Turnover = Cost of Goods Sold / Total Inventories = 41278 / 15343 = 2.69

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Related Terms

From the Internet

###### \$AMZN \$IBM \$RHT \$MSFT Microsoft Positioned Benefit Growing Hybrid Cloud Market

- Seekingalpha 2018-11-16 08:51:38

###### \$SPY \$QQQ \$AAPL \$AMAT \$AMZN \$BA \$BB \$DTEGY \$FB \$GE \$HD \$JCP \$JWN \$NVDA \$PCG \$S \$SHLDQ \$SPACE \$TMUS \$TSLA \$VWAGY \$F Volkswagen Mulls Multi Billion Euro Investment Including Mass Ev Production Wall Street

- Seekingalpha 2018-11-16 07:37:15

###### U.S. Holiday Sales to Cross \$1 Trillion: 4 Apparel Picks

- Zacks 2018-11-16 07:09:00

###### \$SPY \$QQQ \$AAPL \$AMAT \$AMZN \$BA \$BB \$DTEGY \$FB \$GE \$HD \$JCP \$JWN \$NVDA \$PCG \$S \$SHLDQ \$SPACE \$TMUS \$TSLA \$VWAGY Wall Street Breakfast Another Day Tech

- Seekingalpha 2018-11-16 07:04:54

###### Sears Gets Lifeline For At least One More Christmas; Smart-Speaker Wars -- ICYMI

- theStreet 2018-11-15 19:30:00

###### Better Q3 Retail Buy: TJX Companies (TJX) vs. Kohl's (KSS) Stock

- Zacks 2018-11-15 18:25:00

###### Jeff Bezos to employees: 'One day, Amazon will fail' but our job is to delay it as long as possible

- cnbc 2018-11-15 15:39:21

###### Do Uber's Recent Numbers Support Its IPO Valuation?

- theStreet 2018-11-15 15:29:00

###### Walmart (WMT) Q3 Earnings & Sales Increase Y/Y, View Raised (revised)

- Zacks 2018-11-15 15:23:00

###### Jim Cramer Prefers Secular Growers to Cyclical Growers

- theStreet 2018-11-15 15:03:00

###### Facebook Roundup: UK Actions, Terrorist Content, Portal, Lasso

- Zacks 2018-11-15 14:47:00

###### Here's What to Watch for When Nvidia Reports Earnings

- theStreet 2018-11-15 14:30:00

###### Walmart (WMT) Q3 Earnings & Sales Increase Y/Y, View Raised

- Zacks 2018-11-15 14:01:00

###### Bernie Sanders to Unveil 'Stop Walmart Act,' Wants Retailer to Boost Wages

- theStreet 2018-11-15 12:45:00

###### \$AMZN \$FB \$GOOG \$TTD \$MRIN Marin Software First Whiff Spring

- Seekingalpha 2018-11-15 12:12:12

###### Target (TGT) Stock Looks Like a Buy After Walmart's (WMT) Strong Q3

- Zacks 2018-11-15 11:51:00

###### \$AMZN Amazon Valuation Part 1 Revenue Drivers Next Decade

- Seekingalpha 2018-11-15 11:37:06

###### \$AMZN Amazon Delivering Solid Growth India

- Seekingalpha 2018-11-15 11:15:29

###### Walmart posts mixed quarter but raises forecast, expecting strong holiday

- cnbc 2018-11-15 09:23:31

###### Dillard's Sinks After Earnings Miss Forecasts

- theStreet 2018-11-15 08:54:00

###### NetApp (NTAP) Earnings & Revenues Surpass Estimates in Q2

- Zacks 2018-11-15 08:50:00

###### Theresa May Gets Cabinet Vote on Brexit Deal: Winners & Losers

- Zacks 2018-11-15 08:30:00

###### Looming Tax Changes Could Be Dragging Down Tech Stocks, Experts Say

- theStreet 2018-11-15 08:00:00

###### Netflix Is Offering a Cheaper, Mobile-Only Tier: Reports

- theStreet 2018-11-15 07:59:00

###### \$SPY \$QQQ \$AAL \$AAPL \$AMZN \$BA \$CGC \$CSCO \$M \$TCEHY \$UBER Pound Plunges Amid Brexit Backlash Wall Street Breakfast Podcast

- Seekingalpha 2018-11-15 07:43:05

###### Zacks Earnings Trends Highlights: Macy???s, Amazon, Alphabet, Facebook and Caterpillar

- Zacks 2018-11-15 07:15:00

###### \$SPY \$QQQ \$AAL \$AAPL \$AMZN \$BA \$CGC \$CSCO \$M \$TCEHY \$UBER Wall Street Breakfast Sterling Dives Amid Brexit Turmoil

- Seekingalpha 2018-11-15 07:00:33

- Seekingalpha 2018-11-15 03:22:57

###### NetApp's CEO: Our Flash Storage and Cloud Momentum Remains Good

- theStreet 2018-11-14 21:06:00

###### \$AAPL #APPLE \$FB \$AMZN \$NFLX \$GOOG \$GOOGL \$SPY \$QQQ \$ACWI \$JPST \$MINT \$GSY \$DIA \$SH \$IWM \$TZA \$SSO \$TNA \$VOO \$SDS Goes Apple Goes U S Market

- Seekingalpha 2018-11-14 18:30:19

###### Berkshire Hathaway reveals stake in JP Morgan as Warren Buffett raises bet on the US banking system

- cnbc 2018-11-14 18:27:06

###### Here's What to Expect from Walmart's (WMT) Q3 Earnings

- Zacks 2018-11-14 17:06:00

###### Amazon Faces Growing Public Backlash Over HQ2 Tax Breaks

- theStreet 2018-11-14 16:10:00

###### The Optimism Game: Which Player Matters Most for Stocks?

- Zacks 2018-11-14 15:48:00

###### \$AAPL #APPLE \$AMZN \$BBBY \$BBY \$DE \$DHI \$FDX \$ITB \$LOW \$ODP \$SPY \$TOL \$UPS \$WMT \$HD Home Depot Buffett Style Stock Long Run

- Seekingalpha 2018-11-14 15:18:23

###### Snap is 'so beaten down' that the stock may have bottomed out, says investor Andrew Left

- cnbc 2018-11-14 13:50:06

###### \$BABA \$FB \$FNSR \$IIVI \$LITE \$OCLR \$TCEHY \$AMZN \$AAOI Aaois Road Redemption Paved Alibaba Tencents Chinese Data Center Arms Race

- Seekingalpha 2018-11-14 13:24:33

###### \$AMZN \$BABA \$BBY \$IWV \$MIK \$NFLX \$PLCE \$ROST \$TGT \$W \$WMT \$CLIX Holdings Based Research Matters Avoid Micro Bubble Etf

- Seekingalpha 2018-11-14 12:03:21

###### \$AMZN Amazon Growth Meets Reality

- Seekingalpha 2018-11-14 11:34:22

###### Is Cisco a Bargain Stock Here?

- theStreet 2018-11-14 11:30:00

###### Here's Why Kohl's (KSS) Q3 Earnings, Sales Are Set to Grow

- Zacks 2018-11-14 11:22:00

###### Kimco's Pentagon Centre to Capitalize on Amazon's HQ2 Pick

- Zacks 2018-11-14 11:14:00

###### \$AMZN Rare Misstep Amazon

- Seekingalpha 2018-11-14 11:09:07

###### Best Black Friday Deals 2018: Walmart, Target and More

- theStreet 2018-11-14 10:58:00

###### Atlanta offered Amazon a chance at its own train car to deliver goods if it won the bid for HQ2

- cnbc 2018-11-14 10:51:46

###### Disney has the best brand in streaming, but it's stepping into a 'food fight' with tech: Malone

- cnbc 2018-11-14 10:21:29

###### \$AMZN \$JCP \$SHLDQ \$DDS Dillards Needs Capitalize Upcoming Holiday Season Stay Afloat

- Seekingalpha 2018-11-14 09:50:36

###### Fossil, Red Robin, NVIDIA, Amazon and Alphabet highlighted as Zacks Bull and Bear of the Day

- Zacks 2018-11-14 09:45:00

###### Walmart: The Behemoth That Turned Underdog Has Now Turned Survivor

- theStreet 2018-11-14 09:25:00

###### Amazon Splits HQ2 Between New York and Virginia, Creates Jobs

- Zacks 2018-11-14 09:12:00

###### \$AMZN \$FSLR \$GOOG \$QQQ \$TSLA \$TWTR \$USO \$USOU Oil Traders Provided Easy Opportunity Go Long

- Seekingalpha 2018-11-14 09:04:19

###### \$AAPL #APPLE \$ABBV \$AINV \$AMD \$AMZN \$ARCC \$ARI \$AZSEY \$BABA \$BAC \$BASFY \$BAYZF \$BGS \$BIP \$BMWYY \$BNS \$BP \$BX \$BZUN Road Financial Independence Growing Dividends Endless Opportunities Limited Capital

- Seekingalpha 2018-11-14 08:50:05

###### Amazon's 2nd GovCloud Region to Boost Government Clientele

- Zacks 2018-11-14 08:45:00

###### QRTEA vs. AMZN: Which Stock Is the Better Value Option?

- Zacks 2018-11-14 08:30:17

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)