Dev Information Technology (NSE:DEVIT) COGS-to-Revenue : 0.89 (As of Dec. 2024)

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What is Dev Information Technology COGS-to-Revenue?

Dev Information Technology's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹425 Mil. Its Revenue for the three months ended in Dec. 2024 was ₹477 Mil.

Dev Information Technology's COGS to Revenue for the three months ended in Dec. 2024 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Dev Information Technology's Gross Margin % for the three months ended in Dec. 2024 was 10.83%.

Dev Information Technology COGS-to-Revenue Historical Data

The historical data trend for Dev Information Technology'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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Dev Information Technology COGS-to-Revenue Chart

Dev Information Technology Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.84

0.90

0.89

0.90

0.88

Dev Information Technology Quarterly Data
	Mar18	Mar19	Sep19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
COGS-to-Revenue	Get a 7-Day Free Trial															0.87	0.82	0.79	0.97	0.89

Dev Information Technology COGS-to-Revenue Calculation

Dev Information Technology's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1432.837	/	1633.187
	=	0.88

Dev Information Technology's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	425.447	/	477.117
	=	0.89

Dev Information Technology (NSE:DEVIT) COGS-to-Revenue Explanation

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

Dev Information Technology's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	425.447 / 477.117
	=	10.83 %

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.

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Dev Information Technology Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Dev Information Technology Ltd (NSE:DEVIT) » Definitions » COGS-to-Revenue

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543462:India

Address

Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.devitpl.com

Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.

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