Nutanix (NAS:NTNX) Cost of Goods Sold

: $322 Mil (TTM As of Oct. 2022)

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Nutanix's cost of goods sold for the three months ended in Oct. 2022 was $82 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Oct. 2022 was $322 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nutanix's Gross Margin % for the three months ended in Oct. 2022 was 80.97%.

Cost of Goods Sold is also directly linked to Inventory Turnover.

Nutanix Cost of Goods Sold Historical Data

The historical data trend for Nutanix'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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Nutanix Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Cost of Goods Sold

386.03

304.13

286.69

291.91

321.16

Nutanix Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22
Cost of Goods Sold																81.45	79.97	79.85	79.89	82.50

Nutanix 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 Oct. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $322 Mil.

Nutanix (NAS:NTNX) Cost of Goods Sold Explanation

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

Nutanix's Gross Margin % for the three months ended in Oct. 2022 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(433.609	-	82.495)	/	433.609
	=	80.97 %

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:

Nutanix's Inventory Turnover for the three months ended in Oct. 2022 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	82.495	/	0
	=	N/A

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.

Nutanix Cost of Goods Sold Related Terms

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Nutanix (NAS:NTNX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nutanix Inc (NAS:NTNX) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

0NU:Germany

Address

1740 Technology Drive, Suite 150, San Jose, CA, USA, 95110

Website

https://www.nutanix.com

Nutanix Inc provides native hybrid cloud capabilities for businesses. The company offers Enterprise Cloud Platform to businesses for various uses such as web-scale engineering and consumer-grade design, virtualization, and storage into a resilient, and software-defined solution. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, the Middle East, Asia Pacific, Africa, and other regions.

Executives

Rukmini Sivaraman	officer: Chief Financial Officer	1740 TECHNOLOGY DR., SUITE 150, SAN JOSE CA 95110
Teresa Gayle Sheppard	director	C/O ENVISTA HOLDINGS CORPORATION, 200 S. KRAEMER BLVD., BLDG. E, BREA CA 92821
Susan L Bostrom	director
Craig Conway	director	SALESFORCE TOWER, 415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 94105
Brian Mark Stevens	director	25 HOOPER HILL RD., NEW BOSTON NH 03070
Virginia Gambale	director	C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Rajiv Ramaswami	director, officer: President and CEO	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kaddaras Christopher Nicholas Jr	officer: Chief Revenue Officer	C/O NUTANIX, INC., 1740 TECHNOLOGY DR., STE 150, SAN JOSE CA 95110
Tyler Wall	officer: Chief Legal Officer	CHORDIANT SOFTWARE, INC., 20400 STEVENS CREEK BLVD., STE. 400, CUPERTINO CA 94014
Aaron Boynton	officer: Chief Accounting Officer	C/O NUTANIX, INC., 1740 TECHNOLOGY AVE., SUITE 150, SAN JOSE CA 95110
Tarkan Maner	officer: Chief Commercial Officer	C/O NUTANIX, INC., 1740 TECHNOLOGY AVE., SUITE 150, SAN JOSE CA 95110
David Humphrey	director	C/O BAIN CAPITAL PARTNERS, LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
De Groen Max Pieter	director	200 CLARENDON STREET, BOSTON MA 02116
Sohaib Abbasi	director	100 EAST DAVIE STREET, RALEIGH NC 27601
Louis J Attanasio	officer: Chief Revenue Officer	1740 TECHNOLOGY AVE., SUITE 150, SAN JOSE CA 95110