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SPS Commerce (SPS Commerce) Cost of Goods Sold : $190.6 Mil (TTM As of Mar. 2024)


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What is SPS Commerce Cost of Goods Sold?

SPS Commerce's cost of goods sold for the three months ended in Mar. 2024 was $51.5 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $190.6 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SPS Commerce's Gross Margin % for the three months ended in Mar. 2024 was 65.58%.

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


SPS Commerce Cost of Goods Sold Historical Data

The historical data trend for SPS Commerce'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.

SPS Commerce Cost of Goods Sold Chart

SPS Commerce Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.24 99.84 131.68 153.07 182.07

SPS Commerce Quarterly Data
Jun19 Sep19 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 Premium Member Only 42.96 44.54 45.52 49.04 51.49

SPS Commerce 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 $190.6 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.


SPS Commerce  (NAS:SPSC) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(149.576 - 51.487) / 149.576
=65.58 %

* 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:

SPS Commerce'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.


SPS Commerce Cost of Goods Sold Related Terms

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SPS Commerce (SPS Commerce) Business Description

Traded in Other Exchanges
Address
333 South Seventh Street, Suite 1000, Minneapolis, MN, USA, 55402
SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. Its products are; Fulfillment, Analytics, and Other products like Assortment and Community also it provides one-time services such as professional services and testing and certification. The group derives revenue from recurring monthly fees and set-up fees.
Executives
Marty M Reaume director TWILIO INC, 375 BEALE STREET SUITE 300, SAN FRANCISCO CA 94105
Archie C. Black director, officer: President & CEO 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
Philip Soran director 12982 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Kimberly K. Nelson officer: EVP & CFO 2800 MOUNT RIDGE ROAD, ROSEVILLE MN 55113
Sven Wehrwein director
Chadwick Collins director, officer: Chief Executive Officer 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
James J. Frome officer: EVP & Chief Strategy Officer 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
James Burr Ramsey director C/O NETSUITE INC, 2955 CAMPUS DRIVE SUITE 100, SAN MATEO CA 94403
Anne Sempowski Ward director C/O VANDA PHARMACEUTICALS INC., 2200 PENNSYLVANIA AVENUE, SUITE 300E, WASHINGTON DC 20037
Martin J Leestma director 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
Michael A Smerklo director C/O SERVICESOURCE INTERNATIONAL, INC., 634 SECOND STREET, SAN FRANCISCO CA 94107
Michael J Mcconnell director P.O. BOX 6280, NEWPORT BEACH CA 92658
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Tami Reller director C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
Spencer George H. Iii director, 10 percent owner C/O SEYEN CAPITAL, 150 NORTH WACKER DR., SUITE 660, CHICAGO IL 60606

SPS Commerce (SPS Commerce) Headlines