GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Credo Technology Group Holding Ltd (NAS:CRDO) » Definitions » COGS-to-Revenue

Credo Technology Group Holding (Credo Technology Group Holding) COGS-to-Revenue : 0.39 (As of Jan. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Credo Technology Group Holding COGS-to-Revenue?

Credo Technology Group Holding's Cost of Goods Sold for the three months ended in Jan. 2024 was $20.5 Mil. Its Revenue for the three months ended in Jan. 2024 was $53.1 Mil.

Credo Technology Group Holding's COGS to Revenue for the three months ended in Jan. 2024 was 0.39.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Credo Technology Group Holding's Gross Margin % for the three months ended in Jan. 2024 was 61.36%.

Credo Technology Group Holding COGS-to-Revenue Historical Data

The historical data trend for Credo Technology Group 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.

Credo Technology Group Holding COGS-to-Revenue Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23
COGS-to-Revenue
0.14 0.35 0.40 0.42

Credo Technology Group Holding Quarterly Data
Apr20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.42 0.41 0.41 0.39

Credo Technology Group Holding COGS-to-Revenue Calculation

Credo Technology Group Holding's COGS to Revenue for the fiscal year that ended in Apr. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=78 / 184.194
=0.42

Credo Technology Group Holding's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=20.5 / 53.058
=0.39

* 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.

Credo Technology Group Holding  (NAS:CRDO) COGS-to-Revenue Explanation

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

Credo Technology Group Holding'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 - 20.5 / 53.058
=61.36 %

* 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.

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.

Credo Technology Group Holding COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Credo Technology Group Holding's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Credo Technology Group Holding (Credo Technology Group Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Credo Technology Group Holding Ltd (NAS:CRDO) » Definitions » COGS-to-Revenue
Comparable Companies
VSAT EXTR LITE VIAV PI BDC KN HLIT SATS DGII CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 OSTO:ERIC B SHSE:688036 ZBRA TPE:2345
Traded in Other Exchanges
CRDO:Mexico
Address
Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104
Website
https://www.credosemi.com
Credo Technology Group Holding Ltd delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides innovative, secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market.
Executives
William Joseph Brennan director, officer: Pres & Chief Executive Officer C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Yat Tung Lam director, officer: Chief Operating Officer C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Chi Fung Cheng director, 10 percent owner, officer: Chief Technology Officer C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Daniel W. Fleming officer: Chief Financial Officer C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Lip Bu Tan director, 10 percent owner ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Adam Thorngate-gottlund officer: General Counsel & Secretary C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Pantas Sutardja, director C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
David Zinsner director 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Sylvia Acevedo director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Manpreet Khaira director C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110