Ping Identity Holding (Ping Identity Holding) COGS-to-Revenue : 0.41 (As of Jun. 2022)

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What is Ping Identity Holding COGS-to-Revenue?

Ping Identity Holding's Cost of Goods Sold for the three months ended in Jun. 2022 was $29.8 Mil. Its Revenue for the three months ended in Jun. 2022 was $72.0 Mil.

Ping Identity Holding's COGS to Revenue for the three months ended in Jun. 2022 was 0.41.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ping Identity Holding's Gross Margin % for the three months ended in Jun. 2022 was 58.61%.

Ping Identity Holding COGS-to-Revenue Historical Data

The historical data trend for Ping Identity 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.

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Ping Identity Holding COGS-to-Revenue Chart

Ping Identity Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

COGS-to-Revenue

0.21

0.22

0.23

0.28

0.32

Ping Identity Holding Quarterly Data
	Dec17	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
COGS-to-Revenue	Get a 7-Day Free Trial													0.28	0.32	0.36	0.34	0.41

Ping Identity Holding COGS-to-Revenue Calculation

Ping Identity Holding's COGS to Revenue for the fiscal year that ended in Dec. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	94.882	/	299.449
	=	0.32

Ping Identity Holding's COGS to Revenue for the quarter that ended in Jun. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	29.811	/	72.027
	=	0.41

Ping Identity Holding (NYSE:PING) COGS-to-Revenue Explanation

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

Ping Identity Holding's Gross Margin % for the three months ended in Jun. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	29.811 / 72.027
	=	58.61 %

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.

Ping Identity Holding COGS-to-Revenue Related Terms

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Ping Identity Holding (Ping Identity Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ping Identity Holding Corp (NYSE:PING) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 17th Street, Suite 100, Denver, CO, USA, 80202

Website

https://www.pingidentity.com

Ping Identity Holding Corp is engaged in the business of software. It enables secure access to any service, application or API from any device. Its Intelligent Identity Platform leverages artificial intelligence and machine learning to analyze the device, network, application and user behaviour data to make authentication and security control decisions.

Executives

Vikram Verma	director	810 WEST MAUDE AVENUE, SUNNYVALE CA 94085
Anil Arora	director	C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Andre Wong Durand	director, officer: CEO, Director	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Raj M. Dani	officer: Chief Financial Officer	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Bryan Kristian Nagel	officer: Chief Operating Officer	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Shalini Sharma	officer: Chief Legal Officer	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Vista Equity Partners Fund Vi, L.p.	10 percent owner	4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Lauren Adrienne Romer	officer: Chief Legal Officer	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Diane J Gherson	director	IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504
Adriana Zenia Carpenter	officer: Chief Accounting Officer	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Paul Edward Martin	director	C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Martin A Taylor	director	100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Bernard Harguindeguy	officer: Chief Technology Officer	C/O CRITICAL PATH, 350 THE EMBARCADERO - 6TH FLOOR, SAN FRANCISCO CA 94105
Clifford K. Chiu	director	17855 DALLAS PARKWAY, SUITE 400, DALLAS X1 75287
Vepf Vi Gp. Ltd.	10 percent owner	4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111