Ciena (MIL:1CIEN) COGS-to-Revenue : 0.57 (As of Apr. 2024)

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What is Ciena COGS-to-Revenue?

Ciena's Cost of Goods Sold for the three months ended in Apr. 2024 was €487 Mil. Its Revenue for the three months ended in Apr. 2024 was €849 Mil.

Ciena's COGS to Revenue for the three months ended in Apr. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ciena's Gross Margin % for the three months ended in Apr. 2024 was 42.67%.

Ciena COGS-to-Revenue Historical Data

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

Ciena Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

COGS-to-Revenue

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0.57

0.53

0.52

0.57

Ciena Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
COGS-to-Revenue	Get a 7-Day Free Trial															0.57	0.58	0.57	0.55	0.57

Ciena COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2374.79	/	4154.062
	=	0.57

Ciena's COGS to Revenue for the quarter that ended in Apr. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	486.658	/	848.89
	=	0.57

Ciena (MIL:1CIEN) COGS-to-Revenue Explanation

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

Ciena's Gross Margin % for the three months ended in Apr. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	486.658 / 848.89
	=	42.67 %

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.

Ciena COGS-to-Revenue Related Terms

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Ciena (MIL:1CIEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ciena Corp (MIL:1CIEN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CIEN:USA CIEN:Mexico CIE1:Germany

Address

7035 Ridge Road, Hanover, MD, USA, 21076

Website

https://www.ciena.com

Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.

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