Market Cap : 150.13 B | Enterprise Value : 144.51 B | PE Ratio : 464.36 | PB Ratio : 23.07 |
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Shopify's Cost of Goods Sold for the three months ended in Dec. 2020 was $473 Mil. Its Revenue for the three months ended in Dec. 2020 was $978 Mil.
Shopify's COGS to Revenue for the three months ended in Dec. 2020 was 0.48.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shopify's Gross Margin % for the three months ended in Dec. 2020 was 51.59%.
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
Shopify's COGS to Revenue for the fiscal year that ended in Dec. 2020 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 1387.971 | / | 2929.491 | |
= | 0.47 |
Shopify's COGS to Revenue for the quarter that ended in Dec. 2020 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 473.356 | / | 977.744 | |
= | 0.48 |
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Shopify's Gross Margin % for the three months ended in Dec. 2020 is calculated as:
Gross Margin % | = | 1 | - | COGS to Revenue |
= | 1 | - | Cost of Goods Sold / Revenue | |
= | 1 | - | 473.356 / 977.744 | |
= | 51.59 % |
* All numbers are in millions except for per share data and ratio. All numbers 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.
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