Perdoceo Education (Perdoceo Education) COGS-to-Revenue : 0.18 (As of Mar. 2024)

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What is Perdoceo Education COGS-to-Revenue?

Perdoceo Education's Cost of Goods Sold for the three months ended in Mar. 2024 was $29.9 Mil. Its Revenue for the three months ended in Mar. 2024 was $168.3 Mil.

Perdoceo Education's COGS to Revenue for the three months ended in Mar. 2024 was 0.18.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Perdoceo Education's Gross Margin % for the three months ended in Mar. 2024 was 82.26%.

Perdoceo Education COGS-to-Revenue Historical Data

The historical data trend for Perdoceo Education'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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Perdoceo Education COGS-to-Revenue Chart

Perdoceo Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.16

0.17

0.18

Perdoceo Education Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.17	0.18	0.19	0.20	0.18

Perdoceo Education COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	130.324	/	710.004
	=	0.18

Perdoceo Education's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	29.858	/	168.264
	=	0.18

Perdoceo Education (NAS:PRDO) COGS-to-Revenue Explanation

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

Perdoceo Education's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	29.858 / 168.264
	=	82.26 %

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.

Perdoceo Education COGS-to-Revenue Related Terms

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Perdoceo Education (Perdoceo Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Perdoceo Education Corp (NAS:PRDO) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CE1:Germany

Address

1750 E. Golf Road, Schaumburg, IL, USA, 60173

Website

https://www.perdoceoed.com

Perdoceo Education Corp is an American for-profit education company that focuses on quality postsecondary education online to a diverse student population, along with campus-based and blended learning programs. The company's important segment is its online universities, which include the American InterContinental University, and Colorado Technical University. These online universities provide undergraduate, graduate, and doctoral degree programs focusing on business, technology, management, and social services. Career Education Corporation is focusing on its online universities as it continues to reduce its on-campus program offerings. The majority of the company's revenue comes from the Colorado Technical University segment.

Executives

Todd S Nelson	director, officer: President & CEO	PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
John Robert Kline	officer: SVP, AIU	PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Michele A Peppers	officer: Principal Accounting Officer	PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Andrew Hurst	officer: SVP	PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Ashish R Ghia	officer: Interim CFO	PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
David C. Czeszewski	officer: SVP, CIO	PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Patrick W Gross	director
Gregory L. Jackson	director	909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Leslie T Thornton	director	3921 COURTLAND CIRCLE, ALEXANDRIA VA 22305
Thomas B Lally	director	231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Elise Baskel	officer: SVP, CTU	1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Greg E. Jansen	officer: SVP, General Counsel	1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Jeffrey David Ayers	officer: SVP	PERDOCEO EDUCATION CORPORATION, 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Alan Dupree Wheat	director	PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Richard D Wang	director	C/O TENZING GLOBAL MANAGEMENT LLC, 388 MARKET STREET SUITE 860, SAN FRANCISCO CA 94111