Purple Cost Of Revenue from 2010 to 2024

PRPL Stock  USD 0.96  0.04  4.35%   
Purple Innovation Cost Of Revenue yearly trend continues to be quite stable with very little volatility. The value of Cost Of Revenue is projected to decrease to about 225.9 M. From the period between 2010 and 2024, Purple Innovation, Cost Of Revenue regression line of its data series had standard deviation of  159,227,314 and standard deviation of  159,227,314. View All Fundamentals
 
Cost Of Revenue  
First Reported
2016-12-31
Previous Quarter
71.3 M
Current Value
83.4 M
Quarterly Volatility
28.3 M
 
Covid
Check Purple Innovation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Purple Innovation's main balance sheet or income statement drivers, such as Interest Expense of 2.3 M, Selling General Administrative of 88.7 M or Total Revenue of 372 M, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.0015 or PTB Ratio of 0.97. Purple financial statements analysis is a perfect complement when working with Purple Innovation Valuation or Volatility modules.
  
Check out the analysis of Purple Innovation Correlation against competitors.
For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.

Latest Purple Innovation's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Purple Innovation over the last few years. Cost of Revenue is found on Purple Innovation income statement and represents the costs associated with goods and services Purple Innovation provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Purple Innovation's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Purple Innovation's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Purple Cost Of Revenue Regression Statistics

Arithmetic Mean152,713,662
Geometric Mean38,152,521
Coefficient Of Variation104.27
Mean Deviation139,729,922
Median111,841,000
Standard Deviation159,227,314
Sample Variance25353.3T
Range428.6M
R-Value0.88
Mean Square Error6383.2T
R-Squared0.77
Significance0.000019
Slope31,165,750
Total Sum of Squares354946.7T

Purple Cost Of Revenue History

2024225.9 M
2023338.7 M
2022365.1 M
2021431.3 M
2020343.4 M
2019239.4 M
2018173.2 M

About Purple Innovation Financial Statements

Purple Innovation investors utilize fundamental indicators, such as Cost Of Revenue, to predict how Purple Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Cost Of Revenue338.7 M225.9 M

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When determining whether Purple Innovation is a strong investment it is important to analyze Purple Innovation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Purple Innovation's future performance. For an informed investment choice regarding Purple Stock, refer to the following important reports:
Check out the analysis of Purple Innovation Correlation against competitors.
For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Household Appliances space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Purple Innovation. If investors know Purple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Purple Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.60)
Earnings Share
(1.02)
Revenue Per Share
4.734
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.12)
The market value of Purple Innovation is measured differently than its book value, which is the value of Purple that is recorded on the company's balance sheet. Investors also form their own opinion of Purple Innovation's value that differs from its market value or its book value, called intrinsic value, which is Purple Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Purple Innovation's market value can be influenced by many factors that don't directly affect Purple Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Purple Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Purple Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purple Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.