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Ethan Allen Interiors (Ethan Allen Interiors) Cost of Goods Sold : $259.2 Mil (TTM As of Mar. 2024)


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What is Ethan Allen Interiors Cost of Goods Sold?

Ethan Allen Interiors's cost of goods sold for the three months ended in Mar. 2024 was $56.6 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $259.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ethan Allen Interiors's Gross Margin % for the three months ended in Mar. 2024 was 61.35%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Ethan Allen Interiors's Inventory Turnover for the three months ended in Mar. 2024 was 0.40.


Ethan Allen Interiors Cost of Goods Sold Historical Data

The historical data trend for Ethan Allen Interiors'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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Ethan Allen Interiors Cost of Goods Sold Chart

Ethan Allen Interiors Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 337.19 266.71 292.06 333.06 311.01

Ethan Allen Interiors Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 74.77 72.19 63.75 66.64 56.60

Ethan Allen Interiors 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 $259.2 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.


Ethan Allen Interiors  (NYSE:ETD) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(146.421 - 56.597) / 146.421
=61.35 %

* 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:

Ethan Allen Interiors'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.


Ethan Allen Interiors Cost of Goods Sold Related Terms

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Ethan Allen Interiors (Ethan Allen Interiors) Business Description

Traded in Other Exchanges
N/A
Address
25 Lake Avenue Extension, Danbury, CT, USA, 06811 - 5286
Ethan Allen Interiors Inc. is a U.S.-based company that manufactures and retails home furnishings & accessories. The firm conducts activities through its wholly owned subsidiary, Ethan Allen Global, Inc., which operates through its own subsidiaries. The company does business across North America, Europe, Asia, & the Middle East. The vast majority of the firm's products are produced in its U.S. plants. The company's activities are divided between its Wholesale unit which includes case goods, upholstered products, and home accents, & its Retail segment. The majority of revenue within Wholesale is generated by upholstered products, & the majority of revenue for the overall company is derived from the Retail segment. Geographically, the majority of the company's revenue is produced in the U.S.
Executives
Rebecca L Thompson officer: SVP, Merchandising 25 LAKE AVENUE EXT., DANBURY CT 06811
Ashley Fothergill officer: SVP, Merchandising 25 LAKE AVENUE EXT., DANBURY CT 06811
Casar Perez Maria Eugenia director 25 LAKE AVENUE EXT., DANBURY CT 06811
David M. Sable director 77 HOT METAL STREET, PITTSBURGH PA 15203-2329
Cynthia Ekberg Tsai director 800 FIFTH AVENUE, NEW YORK NY 10021
John Bernard Clark director 25 LAKE AVENUE EXT., DANBURY CT 06811
James B. Carlson director ETHAN ALLEN DRIVE, DANBURY CT 06811
Daniel M. Grow officer: VP, Business Development ETHAN ALLEN DRIVE, DANBURY CT 06811
Whitely Corey officer: Executive VP Operations C/O ETHAN ALLEN INTERIORS INC, ETHAN ALLEN DRIVE, DANBURY CT 06811
M Farooq Kathwari director, 10 percent owner, officer: Chairman, President & CEO C/O ETHAN ALLEN INTERIORS INC, ETHAN ALLEN DRIVE, DANBURY CT 06811
Rodney A. Hutton officer: Chief Marketing Officer 25 LAKE AVENUE EXT., DANBURY CT 06811-5286
Matthew J Mcnulty officer: VP, Corporate Controller 601 MERRITT 7, NORWALK CT 06851
Domenick J. Esposito director ETHAN ALLEN DRIVE, DANBURY CT 06811
Bedford John S Ii officer: VP, Corporate Controller ETHAN ALLEN DRIVE, DANBURY CT 06811
Mary Garrett director ETHAN ALLEN DRIVE, DANBURY CT 06811

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