Toast (TOST) COGS-to-Revenue : 0.78 (As of Dec. 2023)

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What is Toast COGS-to-Revenue?

Toast's Cost of Goods Sold for the three months ended in Dec. 2023 was $810 Mil. Its Revenue for the three months ended in Dec. 2023 was $1,036 Mil.

Toast's COGS to Revenue for the three months ended in Dec. 2023 was 0.78.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Toast's Gross Margin % for the three months ended in Dec. 2023 was 21.81%.

Toast COGS-to-Revenue Historical Data

The historical data trend for Toast'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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Toast COGS-to-Revenue Chart

Toast Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.91

0.83

0.82

0.81

0.78

Toast Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial											0.79	0.79	0.79	0.78	0.78

Toast COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3031	/	3865
	=	0.78

Toast's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	810	/	1036
	=	0.78

Toast (NYSE:TOST) COGS-to-Revenue Explanation

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

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

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	810 / 1036
	=	21.81 %

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.

Toast COGS-to-Revenue Related Terms

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Toast (TOST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Toast Inc (NYSE:TOST) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

TOST:Mexico 71Y:Germany 71Y:Germany

Address

401 Park Drive, Suite 801, Boston, MA, USA, 02215

Website

https://www.toasttab.com

Toast is a U.S.-based restaurant technology company that provides point-of-sale, payment processing, and various software services to 99,000 restaurant locations across the United States at the end of September 2023. The firm generates sales from software subscription fees, as a percentage take rate from each financial transaction it processes, from loan origination and servicing fees from its Toast Capital arm, and from hardware installation and professional services. Unlike competitors, Toast intermediates every payment transaction on its platform, processing some $92 billion in gross platform volume in 2022. The firm's product offerings span point-of-sale systems, inventory and payroll management, delivery integration, e-commerce ordering, reservation management, and loyalty programs.

Executives

James Michael Matlock	officer: Principal Accounting Officer	TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Brian R Elworthy	officer: General Counsel	TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Aman Narang	director, officer: See Remarks	TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Elena Gomez	officer: Chief Financial Officer	TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Stephen Fredette	director, officer: Co-President	TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Christopher P Comparato	director, officer: Chief Executive Officer	TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Bessemer Venture Partners Ix L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
David Yuan	director	250 MIDDLEFIELD RD, MENLO PARK CA 94025
Mark J Hawkins	director	C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Richard Kent Bennett	director	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Technology Investment Dining Group, Llc	10 percent owner	18 BANK STREET, LEBANON NH 03766
Jonathan Grimm	10 percent owner, officer: Chief Technology Officer	TOAST, INC., 401 PARK DRIVE, SUITE 801, BOSTON MA 02215
Paul D Bell	director	C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Hmi Capital Management, L.p.	10 percent owner	555 CALIFORNIA STREET, SUITE 4900, SAN FRANCISCO CA 94104
Hmi Capital Partners, L.p.	10 percent owner	C/O HMI CAPITAL MANAGEMENT, L.P., 555 CALIFORNIA STREET, SUITE 4900, SAN FRANCISCO CA 94104