Paylocity Holding (Paylocity Holding) COGS-to-Revenue

: 0.33 (As of Dec. 2023)

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Paylocity Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was $107 Mil. Its Revenue for the three months ended in Dec. 2023 was $326 Mil.

Paylocity Holding's COGS to Revenue for the three months ended in Dec. 2023 was 0.33.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Paylocity Holding's Gross Margin % for the three months ended in Dec. 2023 was 67.09%.

Paylocity Holding COGS-to-Revenue Historical Data

The historical data trend for Paylocity Holding'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.33 [6] => 0.32 [7] => 0.35 [8] => 0.34 [9] => 0.31 )

Paylocity Holding Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

0.33

0.32

0.35

0.34

0.31

Paylocity Holding 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																0.33	0.28	0.31	0.32	0.33

Paylocity Holding COGS-to-Revenue Calculation

Paylocity Holding's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	367.039	/	1174.598
	=	0.31

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	107.399	/	326.361
	=	0.33

Paylocity Holding (NAS:PCTY) COGS-to-Revenue Explanation

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

Paylocity Holding'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	-	107.399 / 326.361
	=	67.09 %

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.

Paylocity Holding COGS-to-Revenue Related Terms

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Paylocity Holding (Paylocity Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paylocity Holding Corp (NAS:PCTY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

PCTY:Mexico 0P7:Germany 0P7:Germany

Address

1400 American Lane, Schaumburg, IL, USA, 60173

Website

https://www.paylocity.com

Paylocity is a provider of payroll and human capital management, or HCM, solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10 to 5,000 employees and services about 36,000 clients as of fiscal 2023. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software, as well workplace collaboration and communication tools.

Executives

Ryan Glenn	officer: CFO and Treasurer	1400 AMERICAN LANE, SCHAUMBERG IL 60173
Katherine Ross	officer: Sr Vice President Operations	1400 AMERICAN LANE, SCHAUMBURG IL 60173
Rachit Lohani	officer: Chief Technology Officer	1400 AMERICAN LANE, SCHAUMBURG IL 60173
Steven I Sarowitz	director, 10 percent owner, officer: Executive Chairman	3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Nicholas Rost	officer: VP & Chief Accounting Officer	1400 AMERICAN LANE, SCHAUMBURG IL 60173
Joshua Scutt	officer: Senior Vice President Sales	1400 AMERICAN LANE, SCHAUMBURG IL 60173
Linda M. Breard	director	3600 136 PLACE SE, SUITE 300, BELLEVUE WA 98006
Jeffrey T Diehl	director, 10 percent owner	ONE NORTH WACKER DRIVE, SUITE 2200, CHICAGO IL 60606-2823
Toby J. Williams	officer: Chief Financial Officer	3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Bernard Robinson Kenneth	director	9417 FOX CREEK LANE, MASON OH 45040
Steven R Beauchamp	director, officer: President and CEO	3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Ronald V Waters	director	75 EAST ELM STREET, CHICAGO IL 60611
Mark S Kinsey	officer: Senior VP of Operations	3850 N WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Michael R Haske	officer: Senior VP of Sales & Marketing	3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Andrew Cappotelli	officer: Chief Accounting Officer	3850 N. WILKE RD, ARLINGTON HEIGHTS IL 60004