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The Beauty Health Co (The Beauty Health Co) Cost of Goods Sold : $242.9 Mil (TTM As of Dec. 2023)


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What is The Beauty Health Co Cost of Goods Sold?

The Beauty Health Co's cost of goods sold for the three months ended in Dec. 2023 was $51.1 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $242.9 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. The Beauty Health Co's Gross Margin % for the three months ended in Dec. 2023 was 47.19%.

Cost of Goods Sold is also directly linked to Inventory Turnover. The Beauty Health Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.62.


The Beauty Health Co Cost of Goods Sold Historical Data

The historical data trend for The Beauty Health Co'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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The Beauty Health Co Cost of Goods Sold Chart

The Beauty Health Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 60.11 51.89 81.55 117.10 242.88

The Beauty Health Co Quarterly Data
Dec18 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 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 31.64 32.17 49.60 109.97 51.14

The Beauty Health Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $242.9 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.


The Beauty Health Co  (NAS:SKIN) Cost of Goods Sold Explanation

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

The Beauty Health Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(96.821 - 51.135) / 96.821
=47.19 %

* 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:

The Beauty Health Co's Inventory Turnover for the three months ended in Dec. 2023 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.


The Beauty Health Co Cost of Goods Sold Related Terms

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The Beauty Health Co (The Beauty Health Co) Business Description

Traded in Other Exchanges
Address
2165 Spring Street, Long Beach, CA, USA, 90806
The Beauty Health Co is a category-creating beauty health company focused on bringing innovative products to market. The company's flagship brand HydraFacial is a non-invasive, and approachable beauty health platform and ecosystem with a powerful community of estheticians, consumers and partners, bridging medical and consumer retail to democratize and personalize skin care solutions for the masses. Geographically, it derives a majority of revenue from the Americas.
Executives
Michael D Capellas director C/O MCI, 22001 LOUDOUN COUNTY PARKWAY, AXBURN VA 20147
Brian Christopher Miller 10 percent owner 1819 WEST AVENUE, BAY 2, MIAMI BEACH FL 33139
Andrew Roy Stanleick director, officer: Chief Executive Officer C/O THE BEAUTY HEALTH COMPANY, 2165 SPRING STREET, LONG BEACH CA 90806
Michael P. Monahan officer: Chief Financial Officer 9 PENARTH ROAD, BALA CYNWYD PA 19004
Brent L Saunders director, officer: Executive Chairman 2000 GALLOPING HILL ROAD, C/O SCHERING PLOUGH CORP, KENILWORTH NJ 07033
Julius Few director 1819 WEST BAY 2, MIAMI FL 33139
Doug K. Schillinger director 1819 WEST AVENUE, BAY 2, MIAMI BEACH FL 33139
Desiree Gruber director C/O DPCM CAPITAL, INC., 382 NE 191 STREET, #24148, MIAMI FL 33179
Marla Malcolm Beck director C/O THE CHILDREN'S PLACE, INC., 500 PLAZA DRIVE, SECAUCUS NJ 07094
Bradley Hauser officer: Chief Operating Officer C/O ZELTIQ AESTHETICS, INC., 4698 WILLOW ROAD, SUITE 100, PLEASANTON CA 94588
Stephan Becker officer: President, EMEA 2165 SPRING STREET, LONG BEACH CA 90806
Indra Pamamull officer: President, APAC C/O THE BEAUTY HEALTH COMPANY, 2165 SPRING STREET, LONG BEACH CA 90806
Liyuan Woo officer: Chief Financial Officer 400 VALLEY DRIVE, BRISBANE CA 94005
Watson Daniel Copell officer: See Remarks 1819 WEST AVENUE, BAY 2, MIAMI BEACH FL 33139
Lcp Edge Holdco Llc 10 percent owner 150 NORTH RIVERSIDE PLAZA, SUITE 5100, CHICAGO IL 60606