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Luvu Brands (Luvu Brands) Cost of Goods Sold : $18.83 Mil (TTM As of Mar. 2024)


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What is Luvu Brands Cost of Goods Sold?

Luvu Brands's cost of goods sold for the three months ended in Mar. 2024 was $4.28 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $18.83 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Luvu Brands's Gross Margin % for the three months ended in Mar. 2024 was 27.67%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Luvu Brands's Inventory Turnover for the three months ended in Mar. 2024 was 1.23.


Luvu Brands Cost of Goods Sold Historical Data

The historical data trend for Luvu Brands'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.

Luvu Brands Cost of Goods Sold Chart

Luvu Brands Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.58 12.85 16.80 20.34 22.03

Luvu Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.13 4.93 4.64 4.97 4.28

Luvu Brands 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 $18.83 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.


Luvu Brands  (OTCPK:LUVU) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(5.923 - 4.284) / 5.923
=27.67 %

* 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:

Luvu Brands's Inventory Turnover for the three months ended in Mar. 2024 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.


Luvu Brands Cost of Goods Sold Related Terms

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Luvu Brands (Luvu Brands) Business Description

Traded in Other Exchanges
N/A
Address
2745 Bankers Industrial Drive, Atlanta, GA, USA, 30360
Luvu Brands Inc designs, manufactures, and markets a portfolio of consumer lifestyle brands including Liberator, a brand category of iconic products for enhancing sensuality and intimacy; Avana, inclined bed therapy products, assistive in relieving medical conditions associated with acid reflux, surgery recovery, and chronic pain; and Jaxx, a diverse range of casual fashion daybeds, sofas, and beanbags made from virgin and re-purposed polyurethane foam. It conducts its business through three primary sales channels: Direct, Wholesale, and Others. The brands of the company involve Avana, Liberator, Jaxx, Panelist, CreAtl and Zipline.
Executives
Martin P Scott officer: Chief Financial Officer SIMPLEPONS, INC., C/O 220 CONGRESS PARK DRIVE, SUITE 304, DELRAY BEACH FL 33445
Alexander A. Sannikov officer: Chief Financial Officer 2745 BANKERS INDUSTRIAL DR, ATLANTA GA 30360
Ronald P Scott director, officer: CFO & Secretary 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Manuel Munoz officer: Chief Information Officer 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Louis S Friedman director, officer: President & CEO 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Sean Hougham officer: Vice President - Manufacturing 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Donald Cohen 10 percent owner 2745 BANKERS INDUSTRIAL DRIVE, DORAVILLE GA 30360
James Blanchard officer: Senior VP-Business Development 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Michael Kane officer: Executive Vice President 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Leslie Vogelman officer: Treasurer 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Rufina Bulatova officer: Vice President Online Market. 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Fyodor Petrenko 10 percent owner, officer: Vice President 204 SALEM CT, APT 5, PRINCETON NJ 08540
David Wirth officer: Vice President - Operations 2745 BANKERS INDUSTRIAL DRIVE, DORAVILLE GA 30360
Belmont Partners, Llc 10 percent owner 360 MAIN STREET, P.O. BOX 393, WASHINGTON VA 22747
Joseph J Meuse director, officer: President 211 FALMOUTH STREET, WARRENTON VA 20186

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