Thoughtworks Holding (STU:7W8) COGS-to-Revenue : 0.72 (As of Mar. 2024)

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What is Thoughtworks Holding COGS-to-Revenue?

Thoughtworks Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was €164.5 Mil. Its Revenue for the three months ended in Mar. 2024 was €228.7 Mil.

Thoughtworks Holding's COGS to Revenue for the three months ended in Mar. 2024 was 0.72.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Thoughtworks Holding's Gross Margin % for the three months ended in Mar. 2024 was 28.07%.

Thoughtworks Holding COGS-to-Revenue Historical Data

The historical data trend for Thoughtworks Holding'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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Thoughtworks Holding COGS-to-Revenue Chart

Thoughtworks Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.62

0.59

0.63

0.73

0.69

Thoughtworks Holding Quarterly Data
	Dec19	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												0.68	0.68	0.66	0.72	0.72

Thoughtworks Holding COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	708.657	/	1033.29
	=	0.69

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	164.508	/	228.706
	=	0.72

Thoughtworks Holding (STU:7W8) COGS-to-Revenue Explanation

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

Thoughtworks Holding'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	-	164.508 / 228.706
	=	28.07 %

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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Thoughtworks Holding (STU:7W8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Thoughtworks Holding Inc (STU:7W8) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TWKS:USA 7W8:Germany

Address

200 East Randolph Street, 25th Floor, Chicago, IL, USA, 60601

Website

https://www.thoughtworks.com

Thoughtworks Holding Inc is a global technology consultancy that integrates strategy, design and software engineering to enable enterprises and technology disruptors across the globe to thrive as modern digital businesses. Its global service lines include Enterprise Modernization, Platforms and Cloud; Customer Experience, Product and Design; Data and Artificial Intelligence (AI), and Digital Transformation and Operations. Geographically, it derives a majority of its revenue from North America and also has a presence in APAC; Europe, and LATAM.

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