Persistent Systems (NSE:PERSISTENT) COGS-to-Revenue : 0.73 (As of Mar. 2024)

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What is Persistent Systems COGS-to-Revenue?

Persistent Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹18,936 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹25,905 Mil.

Persistent Systems's COGS to Revenue for the three months ended in Mar. 2024 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Persistent Systems's Gross Margin % for the three months ended in Mar. 2024 was 26.90%.

Persistent Systems COGS-to-Revenue Historical Data

The historical data trend for Persistent Systems'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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Persistent Systems COGS-to-Revenue Chart

Persistent Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.71

0.73

0.72

Persistent Systems 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															0.70	0.70	0.74	0.72	0.73

Persistent Systems COGS-to-Revenue Calculation

Persistent Systems's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	71102.4	/	98215.87
	=	0.72

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	18935.57	/	25905.26
	=	0.73

Persistent Systems (NSE:PERSISTENT) COGS-to-Revenue Explanation

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

Persistent Systems'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	-	18935.57 / 25905.26
	=	26.90 %

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.

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Persistent Systems (NSE:PERSISTENT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Persistent Systems Ltd (NSE:PERSISTENT) » Definitions » COGS-to-Revenue

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533179:India

Address

402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016

Website

https://www.persistent.com

Persistent Systems Ltd is an India-based provider of software solution organized in three segments based on end market: Software, Hi-Tech and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare and Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. Most of the firm's revenue gets derived from the Software, Hi-Tech and Emerging Industries segment.

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