Paycom Software (BSP:P1YC34) COGS-to-Revenue : 0.17 (As of Dec. 2023)

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What is Paycom Software COGS-to-Revenue?

Paycom Software's Cost of Goods Sold for the three months ended in Dec. 2023 was R$366 Mil. Its Revenue for the three months ended in Dec. 2023 was R$2,129 Mil.

Paycom Software's COGS to Revenue for the three months ended in Dec. 2023 was 0.17.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Paycom Software's Gross Margin % for the three months ended in Dec. 2023 was 82.81%.

Paycom Software COGS-to-Revenue Historical Data

The historical data trend for Paycom Software'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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Paycom Software COGS-to-Revenue Chart

Paycom Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.15

0.16

Paycom Software 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	Get a 7-Day Free Trial															0.16	0.14	0.17	0.17	0.17

Paycom Software COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1353.766	/	8298.664
	=	0.16

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	365.962	/	2129.429
	=	0.17

Paycom Software (BSP:P1YC34) COGS-to-Revenue Explanation

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

Paycom Software'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	-	365.962 / 2129.429
	=	82.81 %

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.

Paycom Software COGS-to-Revenue Related Terms

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Paycom Software (BSP:P1YC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycom Software Inc (BSP:P1YC34) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

PAYC:USA PAYC:Mexico

Address

7501 W. Memorial Road, Oklahoma, OK, USA, 73142

Website

https://www.paycom.com

Paycom is a fast-growing provider of payroll and human capital management, or HCM, software primarily targeting clients with 50-10,000 employees in the United States. Paycom was established in 1998 and services about 19,000 clients as of 2022, based on parent company grouping. Alongside its core payroll software, Paycom offers various HCM add-on modules, including time and attendance, talent management, and benefits administration.

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