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Soho House (Soho House) Cost of Goods Sold : $597 Mil (TTM As of Mar. 2024)


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What is Soho House Cost of Goods Sold?

Soho House's cost of goods sold for the three months ended in Mar. 2024 was $152 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $597 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Soho House's Gross Margin % for the three months ended in Mar. 2024 was 42.38%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Soho House's Inventory Turnover for the three months ended in Mar. 2024 was 2.47.


Soho House Cost of Goods Sold Historical Data

The historical data trend for Soho House'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.

* Premium members only.

Soho House Cost of Goods Sold Chart

Soho House Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 236.36 220.04 308.84 524.93 589.36

Soho House Quarterly Data
Dec18 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 143.97 152.35 146.48 146.55 151.63

Soho House 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 $597 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.


Soho House  (NYSE:SHCO) Cost of Goods Sold Explanation

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

Soho House's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(263.146 - 151.629) / 263.146
=42.38 %

* 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:

Soho House'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.


Soho House Cost of Goods Sold Related Terms

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Soho House (Soho House) Business Description

Traded in Other Exchanges
Address
180 Strand, London, GBR, WC2R 1EA
Soho House & Co Inc is a membership platform of physical and digital spaces that connects a vibrant, diverse group of members from across the world. The members use the platform to work, socialize, connect, create and flourish all over the world. It offers lease agreement Houses, hotels, restaurants, studios, spas, and other properties.
Executives
Nick Jones director, officer: Founder, other: See Remarks 515 W. 20TH STREET, NEW YORK NY 10011
Yusef Jackson director C/O YUCAIPA ACQUISITION CORPORATION, 9130 WEST SUNSET BOULEVARD, LOS ANGELES CA 90069
Thomas Glassbrooke Allen officer: Chief Financial Officer 180 STRAND, LONDON X0 WC2R 1EA
Andrew Carnie director, officer: Chief Executive Officer 515 W. 20TH STREET., NEW YORK NY 10011
Richard Caring director, 10 percent owner, other: See Remarks 515 W. 20TH STREET, NEW YORK DC 10011
Mark Ein director
Martin Kuczmarski officer: Chief Operating Officer 515 W. 20TH STREET, NEW YORK NY 10011
Humera Afzal officer: Chief Financial Officer 515 W. 20TH STREET, NEW YORK NY 10011
Ronald W Burkle director, 10 percent owner, other: Exec. Chairman; See Remarks
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Broad Street Principal Investments, L.l.c. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments I, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments U, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments W, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments X, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282

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