IronNet (IronNet) Cost of Goods Sold

: $13.56 Mil (TTM As of Oct. 2023)

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IronNet's cost of goods sold for the three months ended in Oct. 2023 was $3.83 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Oct. 2023 was $13.56 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. IronNet's Gross Margin % for the three months ended in Oct. 2023 was 16%.

Cost of Goods Sold is also directly linked to Inventory Turnover. IronNet's Inventory Turnover for the three months ended in Oct. 2023 was 2.18.

IronNet Cost of Goods Sold Historical Data

The historical data trend for IronNet'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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IronNet Annual Data

Trend

Jan21

Jan22

Jan23

Cost of Goods Sold

7.02

9.38

13.99

IronNet Quarterly Data
	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cost of Goods Sold	Get a 7-Day Free Trial								4.29	4.72	2.68	2.32	3.83

IronNet 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.56 Mil.

IronNet (OTCPK:IRNTQ) Cost of Goods Sold Explanation

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

IronNet's Gross Margin % for the three months ended in Oct. 2023 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(4.562	-	3.832)	/	4.562
	=	16 %

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:

IronNet's Inventory Turnover for the three months ended in Oct. 2023 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.832	/	1.7575
	=	2.18

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.

IronNet Cost of Goods Sold Related Terms

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IronNet (IronNet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IronNet Inc (OTCPK:IRNTQ) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

7900 Tysons One Place, Suite 400, McLean, VA, USA, 22102

Website

https://www.ironnet.com

IronNet Inc is a cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale.

Executives

Linda Kay Zecher	director, officer: Chief Executive Officer	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Donald Closser	officer: Chief Product Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Cameron Pforr	officer: Chief Financial Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
James C Gerber	officer: Chief Financial Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
William E Welch	director, officer: Co-CEO & Director	C/O ZSCALER INC, 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael J Rogers	director	C/O IRONNET, INC., 7900 TYSONS ONCE PLACE, SUITE 400, MCLEAN VA 22102
John M Keane	director	C/O METLIFE INC, ONE MADISON AVE, NEW YORK NY 10010
Keith Brian Alexander	director, officer: Co-CEO, President & Chairman	P.O. BOX 81226, SEATTLE WA 98108-1226
Forgepoint Cybersecurity Fund I, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cybersecurity Gp-i, Llc	10 percent owner	400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Andre Pienaar	director	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Sean Foster	officer: Chief Revenue Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Russell Cobb	officer: Chief Marketing Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Forgepoint Cyber Co-investors I-e, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cyber Co-investors I-c, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402