Vivid Seats (Vivid Seats) COGS-to-Revenue : 0.26 (As of Mar. 2024)

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What is Vivid Seats COGS-to-Revenue?

Vivid Seats's Cost of Goods Sold for the three months ended in Mar. 2024 was $49.6 Mil. Its Revenue for the three months ended in Mar. 2024 was $190.9 Mil.

Vivid Seats's COGS to Revenue for the three months ended in Mar. 2024 was 0.26.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vivid Seats's Gross Margin % for the three months ended in Mar. 2024 was 74.02%.

Vivid Seats COGS-to-Revenue Historical Data

The historical data trend for Vivid Seats's COGS-to-Revenue 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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Vivid Seats COGS-to-Revenue Chart

Vivid Seats Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.23

0.70

0.20

0.23

0.26

Vivid Seats Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial												0.23	0.26	0.27	0.26	0.26

Vivid Seats COGS-to-Revenue Calculation

Vivid Seats's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	182.184	/	712.879
	=	0.26

Vivid Seats's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	49.583	/	190.852
	=	0.26

Vivid Seats (NAS:SEAT) COGS-to-Revenue Explanation

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

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

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	49.583 / 190.852
	=	74.02 %

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.

Vivid Seats COGS-to-Revenue Related Terms

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Vivid Seats (Vivid Seats) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vivid Seats Inc (NAS:SEAT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 E. Washington Street, Suite 900, Chicago, IL, USA, 60602

Website

https://www.vividseats.com

Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry providing tickets for sports, concerts, theatres, and comedy. It operates in two segments namely marketplace and resale.

Executives

Edward Pickus	officer: Chief Accounting Officer	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Jonathan Miles Wagner	officer: Chief Technology Officer	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Riva Bakal	officer: SVP, Strategy & Product	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Hoya Topco, Llc	10 percent owner	C/O KIRKLAND & ELLIS LLP, 555 CALIFORNIA STREET, SUITE 2700, SAN FRANCISCO CA 94104
Emily T Epstein	officer: General Counsel	101 MERRITT 7, NORWALK CT 06851
Craig A. Dixon	director	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
David E. Morris	officer: General Counsel	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Sbt Investors Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Todd L Boehly	director, 10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830
Eldridge Industries, Llc	10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830
Horizon Sponsor, Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Jane E. Deflorio	director	3000 N.W. 107TH AVENUE, MIAMI FL 33172
Post Portfolio Trust, Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Security Benefit Life Insurance Co /ks/	10 percent owner	ONE SECURITY BENEFIT PLACE, TOPEKA KS 66636-0001
Julie D. Masino	director	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606