Optiva (TSX:OPT) COGS-to-Revenue : 0.42 (As of Mar. 2024)

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What is Optiva COGS-to-Revenue?

Optiva's Cost of Goods Sold for the three months ended in Mar. 2024 was C$6.62 Mil. Its Revenue for the three months ended in Mar. 2024 was C$15.84 Mil.

Optiva's COGS to Revenue for the three months ended in Mar. 2024 was 0.42.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Optiva's Gross Margin % for the three months ended in Mar. 2024 was 58.23%.

Optiva COGS-to-Revenue Historical Data

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

Optiva Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.42

0.26

0.23

0.28

0.36

Optiva Quarterly Data
	Dec18	Mar19	Jun19	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															0.31	0.35	0.39	0.37	0.42

Optiva COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	22.662	/	63.734
	=	0.36

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6.617	/	15.843
	=	0.42

Optiva (TSX:OPT) COGS-to-Revenue Explanation

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

Optiva'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	-	6.617 / 15.843
	=	58.23 %

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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Optiva (TSX:OPT) Business Description

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RKNEF:USA

Address

2233 Argentia Road, Suite 302, East Tower, Mississauga, ON, CAN, L5N 2X7

Website

https://www.optiva.com

Optiva Inc is engaged in offering next-generation software solutions to help the telco industry and customers leverage today's digital technologies. The company's portfolio of products enables real-time billing, charging, policy management and user experience that are critical to customers' growth and performance. When deployed in the cloud, Optiva solutions deliver the most impact for the best value. The company's vision, market knowledge, analytical insights and Customer Success Program ensure customers are equipped to achieve their strategic business goals today and into the future.

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