NetApp (FRA:NTA) COGS-to-Revenue

: 0.28 (As of Jan. 2024)

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NetApp's Cost of Goods Sold for the three months ended in Jan. 2024 was €418 Mil. Its Revenue for the three months ended in Jan. 2024 was €1,474 Mil.

NetApp's COGS to Revenue for the three months ended in Jan. 2024 was 0.28.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NetApp's Gross Margin % for the three months ended in Jan. 2024 was 71.67%.

NetApp COGS-to-Revenue Historical Data

The historical data trend for NetApp'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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NetApp Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

COGS-to-Revenue

0.36

0.33

0.34

0.33

0.34

NetApp 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																0.34	0.32	0.30	0.29	0.28

NetApp COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1963.536	/	5802.144
	=	0.34

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	417.69	/	1474.308
	=	0.28

NetApp (FRA:NTA) COGS-to-Revenue Explanation

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

NetApp'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	-	417.69 / 1474.308
	=	71.67 %

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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NetApp (FRA:NTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (FRA:NTA) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

NTAP:USA NTA:Germany

Address

3060 Olsen Drive, San Jose, CA, USA, 95128

Website

https://www.netapp.com

NetApp Inc is a leading provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

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