Casper Sleep (Casper Sleep) Cost of Goods Sold : $307.8 Mil (TTM As of Sep. 2021)

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What is Casper Sleep Cost of Goods Sold?

Casper Sleep's cost of goods sold for the three months ended in Sep. 2021 was $92.6 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2021 was $307.8 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Casper Sleep's Gross Margin % for the three months ended in Sep. 2021 was 40.82%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Casper Sleep's Inventory Turnover for the three months ended in Sep. 2021 was 1.38.

Casper Sleep Cost of Goods Sold Historical Data

The historical data trend for Casper Sleep'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.

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Casper Sleep Cost of Goods Sold Chart

Casper Sleep Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Cost of Goods Sold

134.04

200.14

223.85

243.12

Casper Sleep Quarterly Data
	Dec17	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cost of Goods Sold	Get a 7-Day Free Trial								54.94	74.96	61.00	79.22	92.63

Casper Sleep 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $307.8 Mil.

Casper Sleep (NYSE:CSPR) Cost of Goods Sold Explanation

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

Casper Sleep's Gross Margin % for the three months ended in Sep. 2021 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(156.534	-	92.632)	/	156.534
	=	40.82 %

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:

Casper Sleep's Inventory Turnover for the three months ended in Sep. 2021 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	92.632	/	67.191
	=	1.38

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.

Casper Sleep Cost of Goods Sold Related Terms

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Casper Sleep (Casper Sleep) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Casper Sleep Inc (NYSE:CSPR) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

175 Greenwich Street, Three World Trade Center, Floor 39, New York, NY, USA, 10007

Website

https://www.casper.com

Casper Sleep Inc is a provider of sleep products to consumers through various sales channels. The company operates in one segment within the United States, Canada and Europe. It distributes products through an e-commerce platform, plus more than fifty Casper retail stores.

Executives

Michael P. Monahan	officer: Chief Financial Officer	9 PENARTH ROAD, BALA CYNWYD PA 19004
Neil Parikh	director, officer: Chief Strategy Officer	C/O CASPER SLEEP, INC., 175 GREENWICH ST THREE WORLD TRADE CENTER, FLOOR 39 NEW YORK NY 10007
Emilie Arel	officer: CCO & President	C/O CASPER SLEEP INC., 175 GREENWICH ST., THREE WORLD TRADE CENTER, FLOOR 39, NEW YORK NY 10007
Philip Krim	director, officer: Chief Executive Officer	C/O CASPER SLEEP INC., 175 GREENWICH ST., THREE WORLD TRADE CENTER, FLOOR 39, NEW YORK NY 10007
Jeffery R. Chapin	officer: Chief Product Officer	C/O CASPER SLEEP INC., 175 GREENWICH STR THREE WORLD TRADE CENTER, FLOOR 39 NEW YORK NY 10007
Stuart B Brown	officer: Interim CFO	518 17TH STREET, SUITE 1700, DENVER CO 80202
Jack R Lazar	director	400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
New Enterprise Associates 14, L.p.	10 percent owner	1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Florence Anthony A. Jr.	director, 10 percent owner	5425 WISCONSIN AVENUE, SUITE 800, CHEVY CHASE MD 20815
Patrick J Kerins	10 percent owner
Nea Partners 14, L.p.	10 percent owner	1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Nea 14 Gp, Ltd	10 percent owner	1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Karen Katz	director
Gregory J Macfarlane	officer: CFO & COO	H&R BLOCK, ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Diane M Irvine	director	C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105