Switch to:

Stitch Fix Cost of Goods Sold

: $958 Mil (TTM As of Jul. 2020)
View and export this data going back to 2017. Start your Free Trial

Stitch Fix's cost of goods sold for the three months ended in Jul. 2020 was $244 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jul. 2020 was $958 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Stitch Fix's Gross Margin % for the three months ended in Jul. 2020 was 44.9%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Stitch Fix's Inventory Turnover for the three months ended in Jul. 2020 was 1.69.


Stitch Fix Cost of Goods Sold Historical Data

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

* Premium members only.

Stitch Fix Annual Data
Jul16 Jul17 Jul18 Jul19 Jul20
Cost of Goods Sold 407.06 542.72 690.48 874.43 957.52

Stitch Fix Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20
Cost of Goods Sold 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 241.79 243.51 249.60 220.12 244.30

Stitch Fix 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 Jul. 2020 was 243.513 (Oct. 2019 ) + 249.597 (Jan. 2020 ) + 220.115 (Apr. 2020 ) + 244.298 (Jul. 2020 ) = $958 Mil.

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


Stitch Fix  (NAS:SFIX) Cost of Goods Sold Explanation

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

Stitch Fix's Gross Margin % for the three months ended in Jul. 2020 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(443.408 - 244.298) / 443.408
=44.9 %

* 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:

Stitch Fix's Inventory Turnover for the three months ended in Jul. 2020 is calculated as:

* 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.


Stitch Fix Cost of Goods Sold Related Terms


Stitch Fix Cost of Goods Sold Headlines

No Headline

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)