Interactive Strength (Interactive Strength) Cost of Goods Sold : $6.25 Mil (TTM As of Mar. 2024)

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What is Interactive Strength Cost of Goods Sold?

Interactive Strength's cost of goods sold for the three months ended in Mar. 2024 was $1.56 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $6.25 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Interactive Strength's Gross Margin % for the three months ended in Mar. 2024 was -330.58%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Interactive Strength's Inventory Turnover for the three months ended in Mar. 2024 was 0.36.

Interactive Strength Cost of Goods Sold Historical Data

The historical data trend for Interactive Strength'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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Interactive Strength Cost of Goods Sold Chart

Interactive Strength Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cost of Goods Sold

0.36

5.17

9.55

6.49

Interactive Strength Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cost of Goods Sold	Get a 7-Day Free Trial							1.81	1.45	1.43	1.80	1.56

Interactive Strength 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 $6.25 Mil.

Interactive Strength (NAS:TRNR) Cost of Goods Sold Explanation

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

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

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(0.363	-	1.563)	/	0.363
	=	-330.58 %

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:

Interactive Strength's Inventory Turnover for the three months ended in Mar. 2024 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.563	/	4.3405
	=	0.36

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.

Interactive Strength Cost of Goods Sold Related Terms

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Interactive Strength (Interactive Strength) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Interactive Strength Inc (NAS:TRNR) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

T2I:Germany

Address

1005 Congress Avenue, Suite 925 , Texas, Austin, TX, USA, 78701

Website

https://www.formelife.com

Interactive Strength Inc provides an integrated home fitness platform that allows its customers to participate in interactive wellness and strength-based training sessions. Its health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. It generates revenue from sales of its connected fitness products, membership revenue, and personal training revenue.

Executives

Bradley James Wickens	10 percent owner	PUDLICOTE HOUSE, PUDLICOTE LANE, CHIPPING NORTON, OXFORDSHIRE X0 OX7 3HX
Touw Kirsten Bartok	director	125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606
Investments 1 Block.one	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lock.one	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, S. CHURCH ST., GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Brendan Francis Blumer	10 percent owner	C/O BLOCK.ONE, SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Trent Alexander Ward	director, officer: Chief Executive Officer	942 N. LAUREL AVENUE, LOS ANGELES CA 90046
Michael Madigan	officer: Principal Financial Officer	370 HOURGLASS LANE, BALDWINSVILLE NY 13027
Deepak Manu Mulchandani	director	27660 SKYLARK LANE, SANTA CLARA CA 91350
Stuart Bryan	officer: Principal Accounting Officer	22900 ALLEN COURT, SAINT CLAIR SHORES MI 48080
Weaver Aaron Ngoc Dung	director	99 OAKLEY STREET, LONDON X0 SW3 5NR
Kokuei Yuan	10 percent owner	SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Andrew Bliss	10 percent owner	SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006