>
Switch to:

Zoom Video Communications Cost of Goods Sold

: $983 Mil (TTM As of Apr. 2021)
View and export this data going back to 2019. Start your Free Trial

Zoom Video Communications's cost of goods sold for the three months ended in Apr. 2021 was $265 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Apr. 2021 was $983 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zoom Video Communications's Gross Margin % for the three months ended in Apr. 2021 was 72.29%.

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

Zoom Video Communications Cost of Goods Sold Historical Data

* 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.

Zoom Video Communications Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21
Cost of Goods Sold
12.47 30.78 61.00 115.40 821.99

Zoom Video Communications Quarterly Data
Jan17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
Cost of Goods Sold 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 103.71 192.27 258.73 267.28 264.99

Zoom Video Communications 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 Apr. 2021 was 192.271 (Jul. 2020 ) + 258.727 (Oct. 2020 ) + 267.284 (Jan. 2021 ) + 264.994 (Apr. 2021 ) = $983 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.

Zoom Video Communications  (NAS:ZM) Cost of Goods Sold Explanation

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

Zoom Video Communications's Gross Margin % for the three months ended in Apr. 2021 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(956.237 - 264.994) / 956.237
=72.29 %

* 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:

Zoom Video Communications's Inventory Turnover for the three months ended in Apr. 2021 is calculated as:

Inventory Turnover=Cost of Goods Sold / Total Inventories
=264.994 / 0
=N/A

* 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.

Zoom Video Communications Cost of Goods Sold Related Terms

Zoom Video Communications Cost of Goods Sold Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)