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ZipRecruiter (ZipRecruiter) Cost of Goods Sold : $64.3 Mil (TTM As of Dec. 2023)


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What is ZipRecruiter Cost of Goods Sold?

ZipRecruiter's cost of goods sold for the three months ended in Dec. 2023 was $13.5 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $64.3 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ZipRecruiter's Gross Margin % for the three months ended in Dec. 2023 was 90.08%.

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


ZipRecruiter Cost of Goods Sold Historical Data

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

ZipRecruiter Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
54.78 54.16 79.61 86.30 64.31

ZipRecruiter Quarterly Data
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 21.10 20.62 15.68 14.53 13.48

ZipRecruiter 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 $64.3 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.


ZipRecruiter  (NYSE:ZIP) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(135.922 - 13.478) / 135.922
=90.08 %

* 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:

ZipRecruiter'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.


ZipRecruiter Cost of Goods Sold Related Terms

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ZipRecruiter (ZipRecruiter) Business Description

Traded in Other Exchanges
Address
604 Arizona Avenue, Santa Monica, CA, USA, 90401
ZipRecruiter Inc is an online employment marketplace. It was founded to make meaningful connections between job seekers and employers. It connects millions of job seekers with companies of all sizes.
Executives
Timothy G. Yarbrough officer: Chief Business Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Ryan T. Sakamoto officer: General Counsel and Secretary 604 ARIZONA AVE, SANTA MONICA CA 90401
Amy Garefis officer: Principal Accounting Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
David Travers officer: Chief Financial Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Lora Bartolome officer: VP, Accounting & Controller C/O ZIPRECRUITER, INC., 604 ARIZONA AVENUE, SANTA MONICA CA 90401
Qasim Saifee officer: Chief Marketing Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
J Sanford Miller 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Boris F. Shimanovsky officer: Chief Technology Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Todd C Chaffee 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Institutional Venture Management Xv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Ian H. Siegel director, 10 percent owner, officer: Chief Executive Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Institutional Venture Management Xiv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Jules A. Maltz 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Somesh Dash 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Stephen J Harrick 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025