CBIZ (LTS:0HQI) COGS-to-Revenue : 0.76 (As of Mar. 2024)

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What is CBIZ COGS-to-Revenue?

CBIZ's Cost of Goods Sold for the three months ended in Mar. 2024 was $376 Mil. Its Revenue for the three months ended in Mar. 2024 was $494 Mil.

CBIZ's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CBIZ's Gross Margin % for the three months ended in Mar. 2024 was 23.83%.

CBIZ COGS-to-Revenue Historical Data

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

CBIZ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.87

0.86

0.84

0.86

CBIZ 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															0.75	0.86	0.83	1.04	0.76

CBIZ COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1367.99	/	1591.194
	=	0.86

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	376.485	/	494.297
	=	0.76

CBIZ (LTS:0HQI) COGS-to-Revenue Explanation

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

CBIZ'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	-	376.485 / 494.297
	=	23.83 %

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.

CBIZ COGS-to-Revenue Related Terms

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CBIZ (LTS:0HQI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CBIZ Inc (LTS:0HQI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CBZ:USA XC4:Germany

Address

6801 Brecksville Road, Door N., Independence, OH, USA, 44131

Website

https://www.cbiz.com

CBIZ Inc through its subsidiaries provides professional business services. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Agribusiness, Agribusiness, SAAS, Construction, Health Care, Oil and Gas, Real Estate, Retail, Financial Institutions, and Government among others. It derives the majority of its revenues from the Financial Services segment and geographically from the United States.

CBIZ (LTS:0HQI) Headlines

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