TTEC Holdings (FRA:TH1) COGS-to-Revenue : 0.79 (As of Mar. 2024)

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What is TTEC Holdings COGS-to-Revenue?

TTEC Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €418 Mil. Its Revenue for the three months ended in Mar. 2024 was €531 Mil.

TTEC Holdings's COGS to Revenue for the three months ended in Mar. 2024 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. TTEC Holdings's Gross Margin % for the three months ended in Mar. 2024 was 21.30%.

TTEC Holdings COGS-to-Revenue Historical Data

The historical data trend for TTEC Holdings'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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TTEC Holdings COGS-to-Revenue Chart

TTEC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.76

0.75

0.76

0.78

TTEC Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															0.76	0.77	0.80	0.81	0.79

TTEC Holdings COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1772.448	/	2258.403
	=	0.78

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	417.513	/	530.507
	=	0.79

TTEC Holdings (FRA:TH1) COGS-to-Revenue Explanation

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

TTEC Holdings'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	-	417.513 / 530.507
	=	21.30 %

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.

TTEC Holdings COGS-to-Revenue Related Terms

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TTEC Holdings (FRA:TH1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TTEC Holdings Inc (FRA:TH1) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TTEC:USA TH1:Germany

Address

9197 South Peoria Street, Englewood, CO, USA, 80112

Website

https://www.ttec.com

TTEC Holdings Inc provides customer engagement management tools and services. The company operates through four operating segments that are organized into two groups, TTEC Digital and TTEC Engage. TTEC Digital is engaged in building and implementing cloud-based and on-premises customer experience tools that enable clients to develop customer engagement strategies. TTEC Engage focuses on delivering sales and marketing solutions to help clients boost their revenue as well as on managing customer's front-to-back office processes to optimize the customer experience. TTEC Engage contributes the vast majority of the company's revenue, and most of the sales are derived from the United States and Canada, followed by Philippines, Asia-Pacific and India.

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