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GoDaddy's cost of goods sold for the three months ended in Dec. 2023 was $402 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $1,574 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. GoDaddy's Gross Margin % for the three months ended in Dec. 2023 was 63.45%.
Cost of Goods Sold is also directly linked to Inventory Turnover.
The historical data trend for GoDaddy'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.
GoDaddy Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cost of Goods Sold | Get a 7-Day Free Trial | 1,026.80 | 1,158.60 | 1,372.20 | 1,484.50 | 1,573.60 |
GoDaddy Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Cost of Goods Sold | Get a 7-Day Free Trial | 379.50 | 386.10 | 388.40 | 396.90 | 402.20 |
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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,574 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.
GoDaddy (NYSE:GDDY) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
GoDaddy's Gross Margin % for the three months ended in Dec. 2023 is calculated as:
Gross Margin % | = | (Revenue | - | Cost of Goods Sold) | / | Revenue |
= | (1100.3 | - | 402.2) | / | 1100.3 | |
= | 63.45 % |
* 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:
GoDaddy's Inventory Turnover for the three months ended in Dec. 2023 is calculated as:
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 402.2 | / | 0 | |
= | N/A |
* 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.
Thank you for viewing the detailed overview of GoDaddy's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.
Mark Mccaffrey | officer: Chief Financial Officer | C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284 |
Roger Chen | officer: Chief Operating Officer | C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284 |
Amanpal Singh Bhutani | director, officer: Chief Executive Officer | THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018 |
Nick Daddario | officer: Chief Accounting Officer | C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284 |
Leah Sweet | director | C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284 |
Michele Lau | officer: Chief Legal Officer | C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284 |
Srinivas Tallapragada | director | THE LANDMARK AT ONE MARKET STREET, #300, SAN FRANCISCO CA 94105 |
Sigal Zarmi | director | 1501 YAMATO ROAD, BOCA RATON FL 33431 |
Charles J Robel | director | INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063 |
Nima Kelly | officer: See Remarks | C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260 |
Winborne Raymond E Jr | officer: Chief Financial Officer | C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85050 |
Low Ah Kee Andrew | officer: Chief Revenue Officer | C/O GODADDY INC., 14455 N. HAYDEN RD., SCOTTSDALE AZ 85260 |
James M. Carroll | officer: See Remarks | C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260 |
Brian Sharples | director | 1250 CAPITAL OF TX HWY, BLDG 2, PLAZA 1, AUSTIN TX 78746 |
Rebecca Morrow | officer: Chief Accounting Officer | C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405 |
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