Tyler Technologies (Tyler Technologies) COGS-to-Revenue

: 0.56 (As of Dec. 2023)

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Tyler Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $268 Mil. Its Revenue for the three months ended in Dec. 2023 was $481 Mil.

Tyler Technologies's COGS to Revenue for the three months ended in Dec. 2023 was 0.56.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tyler Technologies's Gross Margin % for the three months ended in Dec. 2023 was 44.27%.

Tyler Technologies COGS-to-Revenue Historical Data

The historical data trend for Tyler Technologies'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.

Tyler Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.52

0.51

0.55

0.58

0.56

Tyler Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.57	0.58	0.56	0.54	0.56

Tyler Technologies COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1090.652	/	1951.751
	=	0.56

Tyler Technologies's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	268.009	/	480.934
	=	0.56

Tyler Technologies (NYSE:TYL) COGS-to-Revenue Explanation

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

Tyler Technologies's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	268.009 / 480.934
	=	44.27 %

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.

Tyler Technologies COGS-to-Revenue Related Terms

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Tyler Technologies (Tyler Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tyler Technologies Inc (NYSE:TYL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TYL:Mexico TYP:Germany

Address

5101 Tennyson Parkway, Plano, TX, USA, 75024

Website

https://www.tylertech.com

Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.

Executives

Brian K Miller	officer: Vice President Finance	5101 TENNYSON PARKWAY, PLANO TX 75024
Marr John S Jr	officer: Chief Operating Officer	370 US ROUTE 1, PALMOUTH ME 04105
Dustin R Womble	officer: Executive VP	5101 TENNYSON PARKWAY, PLANO TX 75024
Daniel M Pope	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Moore H Lynn Jr	officer: VP and General Counsel	5101 TENNYSON PARKWAY, PLANO TX 75024
Glenn A Carter	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Jeffrey David Puckett	officer: Chief Operating Officer	5101 TENNYSON PARKWAY, PLANO TX 75024
Luther Jr King	director	5949 SHERRY LANE, SUITE 1400, DALLAS TX 75225
Hawkins Ronnie D. Jr.	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Donald R Brattain	director
Brenda A Cline	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Mary L. Landrieu	director	100 CENTURYLINK DRIVE, MONROE LA 71203
Larry D Leinweber	director	NEW WORLD SYSTEMS, INC, 888 WEST BIG BEAVER, SUITE 600, TROY MI 48084
John M Yeaman	director, officer: Chairman	5101 TENNYSON PARKWAY, PLANO TX 75024
Bruce Graham	officer: Executive Vice President	5101 TENNYSON PARKWAY, PLANO TX 75024