Okta (FRA:0OK) COGS-to-Revenue : 0.24 (As of Apr. 2024)

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What is Okta COGS-to-Revenue?

Okta's Cost of Goods Sold for the three months ended in Apr. 2024 was €138 Mil. Its Revenue for the three months ended in Apr. 2024 was €575 Mil.

Okta's COGS to Revenue for the three months ended in Apr. 2024 was 0.24.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Okta's Gross Margin % for the three months ended in Apr. 2024 was 76.01%.

Okta COGS-to-Revenue Historical Data

The historical data trend for Okta'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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Okta COGS-to-Revenue Chart

Okta Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

COGS-to-Revenue

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0.27

0.26

0.30

0.29

0.26

Okta Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
COGS-to-Revenue	Get a 7-Day Free Trial															0.27	0.27	0.25	0.24	0.24

Okta COGS-to-Revenue Calculation

Okta's COGS to Revenue for the fiscal year that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	533.358	/	2077.434
	=	0.26

Okta's COGS to Revenue for the quarter that ended in Apr. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	137.936	/	575.044
	=	0.24

Okta (FRA:0OK) COGS-to-Revenue Explanation

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

Okta's Gross Margin % for the three months ended in Apr. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	137.936 / 575.044
	=	76.01 %

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.

Okta COGS-to-Revenue Related Terms

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Okta (FRA:0OK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Okta Inc (FRA:0OK) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

OKTA:USA OKTA:Mexico O1KT34:Brazil

Address

100 First Street, Suite 600, San Francisco, CA, USA, 94105

Website

https://www.okta.com

Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.

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