GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Match Group Inc (NAS:MTCH) » Definitions » Cost of Goods Sold

Match Group (Match Group) Cost of Goods Sold : $954 Mil (TTM As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Match Group Cost of Goods Sold?

Match Group's cost of goods sold for the three months ended in Dec. 2023 was $208 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $954 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Match Group's Gross Margin % for the three months ended in Dec. 2023 was 75.97%.

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


Match Group Cost of Goods Sold Historical Data

The historical data trend for Match Group'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.

Match Group Cost of Goods Sold Chart

Match Group 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 527.18 635.83 839.31 959.96 954.01

Match Group Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only 235.93 240.01 250.29 255.60 208.11

Match Group 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 $954 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.


Match Group  (NAS:MTCH) Cost of Goods Sold Explanation

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

Match Group's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(866.228 - 208.112) / 866.228
=75.97 %

* 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:

Match Group'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.


Match Group Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Match Group's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Match Group (Match Group) Business Description

Address
8750 North Central Expressway, Suite 1400, Dallas, TX, USA, 75231
Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Hinge, BLK, Chispa, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).
Executives
Jared F. Sine officer: Chief Legal Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Glenn Schiffman director 555 WEST 18TH STREET, NEW YORK NY 10011
Ann Mcdaniel director
Bernard Jin Kim director, officer: Chief Executive Officer C/O MATCH GROUP, INC., 8750 N CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Wendi Murdoch director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Joseph Levin director C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Pamela Seymon director 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Melissa Anne Brenner director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Stephen Bailey director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Ryan Reynolds director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Sharmistha Dubey director, officer: Chief Executive Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Thomas Mcinerney director ALTABA INC., 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK X1 10017
Alan G Spoon director 1150 15TH ST NW, WASHINGTON DC 20071
Philip D Eigenmann officer: Chief Accounting Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Gary Swidler officer: COO and CFO 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231

Match Group (Match Group) Headlines