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CXApp (CXAI) Cost of Goods Sold : $1.41 Mil (TTM As of Sep. 2023)


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What is CXApp Cost of Goods Sold?

CXApp's cost of goods sold for the three months ended in Sep. 2023 was $0.36 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2023 was $1.41 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CXApp's Gross Margin % for the three months ended in Sep. 2023 was 79.77%.

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


CXApp Cost of Goods Sold Historical Data

The historical data trend for CXApp'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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CXApp Cost of Goods Sold Chart

CXApp Annual Data
Trend Dec20 Dec21 Dec22
Cost of Goods Sold
- - -

CXApp Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.50 - 0.48 0.57 0.36

CXApp 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.41 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.


CXApp  (NAS:CXAI) Cost of Goods Sold Explanation

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

CXApp's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1.77 - 0.358) / 1.77
=79.77 %

* 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:

CXApp's Inventory Turnover for the three months ended in Sep. 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.


CXApp Cost of Goods Sold Related Terms

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CXApp (CXAI) Business Description

Traded in Other Exchanges
N/A
Address
Four Palo Alto Square, Suite 200, 3000 El Camino Real, Palo Alto, CA, USA, 94306
CXApp Inc is a workplace experience platform for enterprise customers. It is a SaaS product for enterprise organizations, distributing a mobile app to all employees within the organization. It includes a content management system (or CMS) so customers can adjust configurations for their workplace settings autonomously and spontaneously. Its technologies and solutions help enterprise customers deliver a comprehensive business journey in a work 'from-anywhere' world for employees, partners, customers, and visitors. CXApp offers native mapping, analytics, on-device positioning (or ODP), and application technologies that bring people together.
Executives
Di-ann Eisnor director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Khurram P Sheikh director, 10 percent owner, officer: CEO and CFO 1140 EAST ARQUES AVE., SUNNYVALE CA 94085
Camillo Martino director 60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Leon Papkoff officer: Chief Product Officer C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Shanti Priya director C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
George Mathai director C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Michael D Angel officer: Chief Financial Officer 935 STEWART DR, SUNNYVALE CA 94085
Cubist Systematic Strategies, Llc 10 percent owner 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Israel A Englander other: See Footnote 2 C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millennium Management Llc other: See Footnote 2 399 PARK AVENUE, NEW YORK NY 10022
Millennium Group Management Llc other: See Footnote 2 C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Ics Opportunities, Ltd. 10 percent owner MILLENNIUM INTERNATIONAL MANAGEMENT LP, 399 PARK AVENUE, NEW YORK NY 10022
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Allen Salmasi director C/O NEXTWAVE WIRELESS LLC, 12670 HIGH BLUFF DRIVE, SAN DIEGO CA 92130
Eric Zimits officer: Secretary and CCDO C/O KINS TECHNOLOGY GROUP INC., FOUR PALO ALTO SQUARE, PALO ALTO CA 94306

CXApp (CXAI) Headlines

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