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Okta (OKTA) COGS-to-Revenue : 0.24 (As of Jan. 2024)


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What is Okta COGS-to-Revenue?

Okta's Cost of Goods Sold for the three months ended in Jan. 2024 was $145 Mil. Its Revenue for the three months ended in Jan. 2024 was $605 Mil.

Okta's COGS to Revenue for the three months ended in Jan. 2024 was 0.24.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Okta's Gross Margin % for the three months ended in Jan. 2024 was 76.03%.

Okta COGS-to-Revenue Historical Data

The historical data trend for Okta'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.

* Premium members only.

Okta COGS-to-Revenue Chart

Okta Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.26 0.30 0.29 0.26

Okta Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.27 0.27 0.25 0.24

Okta COGS-to-Revenue Calculation

Okta's COGS to Revenue for the fiscal year that ended in Jan. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=581 / 2263
=0.26

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

COGS to Revenue=Cost of Goods Sold / Revenue
=145 / 605
=0.24

* 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.

Okta  (NAS:OKTA) COGS-to-Revenue Explanation

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

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

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 145 / 605
=76.03 %

* 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.

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.

Okta COGS-to-Revenue Related Terms

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Okta (OKTA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Okta Inc (NAS:OKTA) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
OKTA:Mexico 0OK:Germany 0OK:Germany O1KT34:Brazil
Address
100 First Street, Suite 600, San Francisco, CA, USA, 94105
Website
https://www.okta.com
Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.
Executives
Larissa Schwartz officer: See Remarks C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Jacques Frederic Kerrest director, officer: Chief Operating Officer C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107
Shibu Ninan officer: Chief Accounting Officer C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Brett Tighe officer: See Remarks C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Todd Mckinnon director, 10 percent owner, officer: Chief Executive Officer C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107
Jonathan T Runyan officer: General Counsel and Secretary C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107
Ledger Susan St. officer: See Remarks C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Dixon Robert L Jr director 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Emilie Choi director C/O COINBASE GLOBAL, INC., 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111
Christopher K Kramer officer: Chief Accounting Officer C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Benjamin A Horowitz director, 10 percent owner 2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Jeff Epstein director C/O PRICELINE COM INC, 800 CONNECTICUT AVENUE, NORWALK CT 06854
Michael R Kourey director
William E Losch officer: Chief Financial Officer DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Charles Race officer: See Remarks C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063