Wipro (WIT) COGS-to-Revenue

: 0.71 (As of Sep. 2023)

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Wipro's Cost of Goods Sold for the three months ended in Sep. 2023 was $1,916 Mil. Its Revenue for the three months ended in Sep. 2023 was $2,710 Mil.

Wipro's COGS to Revenue for the three months ended in Sep. 2023 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wipro's Gross Margin % for the three months ended in Sep. 2023 was 29.30%.

Wipro COGS-to-Revenue Historical Data

The historical data trend for Wipro'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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Wipro Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

0.71

0.68

0.70

0.71

Wipro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue																0.73	0.70	0.70	0.71	0.71

Wipro COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7845.793	/	10999.325
	=	0.71

Wipro's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1916.348	/	2710.473
	=	0.71

Wipro (NYSE:WIT) COGS-to-Revenue Explanation

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

Wipro's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1916.348 / 2710.473
	=	29.30 %

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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Wipro (WIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wipro Ltd (NYSE:WIT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

WIPRO:India 507685:India WIOA:Germany WIOA:Germany WIOA:Austria

Address

Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560 035

Website

https://www.wipro.com

Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.