Grid Dynamics Holdings (Grid Dynamics Holdings) COGS-to-Revenue : 0.64 (As of Dec. 2023)

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What is Grid Dynamics Holdings COGS-to-Revenue?

Grid Dynamics Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $50.0 Mil. Its Revenue for the three months ended in Dec. 2023 was $78.1 Mil.

Grid Dynamics Holdings's COGS to Revenue for the three months ended in Dec. 2023 was 0.64.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Grid Dynamics Holdings's Gross Margin % for the three months ended in Dec. 2023 was 36.01%.

Grid Dynamics Holdings COGS-to-Revenue Historical Data

The historical data trend for Grid Dynamics Holdings'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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Grid Dynamics Holdings COGS-to-Revenue Chart

Grid Dynamics Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.59

0.63

0.58

0.61

0.64

Grid Dynamics Holdings 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															0.60	0.64	0.63	0.64	0.64

Grid Dynamics Holdings COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	199.764	/	312.91
	=	0.64

Grid Dynamics Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	49.955	/	78.069
	=	0.64

Grid Dynamics Holdings (NAS:GDYN) COGS-to-Revenue Explanation

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

Grid Dynamics Holdings'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	-	49.955 / 78.069
	=	36.01 %

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.

Grid Dynamics Holdings COGS-to-Revenue Related Terms

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Grid Dynamics Holdings (Grid Dynamics Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Grid Dynamics Holdings Inc (NAS:GDYN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

5000 Executive Parkway, Suite 520, San Ramon, CA, USA, 94583

Website

https://www.griddynamics.com

Grid Dynamics Holdings Inc provides enterprise-level digital transformation in the areas of search, analytics, and release automation to Fortune 1000 companies. The company delivers tailored solutions in several industry verticals like Tech, Media and Telecom, Retail, Finance and Consumer Packaged goods (CPG)/manufacturing. Geographically company earns revenue from North America, Europe and other regions.

Executives

Leonard Livschitz	director, officer: Chief Executive Officer	C/O GRID DYNAMICS HOLDINGS INC, 5000 EXECUTIVE PARKWAY SUITE 250, SAN RAMON CA 94583
Anil Doradla	officer: Chief Financial Officer	C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Patrick Nicolet	director	C/O GRID DYNAMICS HOLDINGS. INC., 5000 EXECUTIVE PARKWAY, SUITE 520, SAN RAMON CA 94583
Lloyd Carney	director	C/O MICROMUSE INC, 139 TOWNSEND ST, SAN FRANCISCO CA 94107
Stan Klimoff	officer: VP of Corporate Development	C/O GRID DYNAMICS HOLDINGS, INC., 5000 EXECUTIVE PARKWAY, SUITE 520, SAN RAMON CA 94583
Eric Benhamou	director	350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Shuo Zhang	director	5000 EXECUTIVE PARKWAY, SUITE 520, SAN RAMON CA 94583
Yueou Wang	director	5000 EXECUTIVE PARKWAY, SUITE 520, SAN RAMON CA 94583
Marina Levinson	director	C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Vadim Kozyrkov	officer: SVP of Engineering	C/O GRID DYNAMICS HOLDINGS INC, 5000 EXECUTIVE PARKWAY SUITE 520, SAN RAMON CA 94583
Beijing Teamsun Technology Co. Ltd.	10 percent owner	ROOM 501, 5/F., NO. 23 BUILDING, 10 E.BLOCK XIBEIWANG E. RD, HAIDIAN DIST, BEIJING F4 0000000
Automated Systems Holdings Ltd	10 percent owner	15/F, TOPSAIL PLAZA, 11 ON SUM STREET, SHATIN K3 00000
Teamsun Technology (hk) Ltd	10 percent owner	UNIT 907, 9TH FLOOR, TAI YAU BUILDING, 181 JOHNSTON ROAD, WANCHAI K3 00000
Gdd International Holding Co	10 percent owner	15/F, TOPSAIL PLAZA, 11 ON SUM STREET, SHATIN K3 00000
Gdb International Investment Ltd	10 percent owner	15/F, TOPSAIL PLAZA, 11 ON SUM STREET, SHATIN K3 00000