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Parsons (Parsons) COGS-to-Revenue : 0.75 (As of Dec. 2023)


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What is Parsons COGS-to-Revenue?

Parsons's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,127 Mil. Its Revenue for the three months ended in Dec. 2023 was $1,494 Mil.

Parsons's COGS to Revenue for the three months ended in Dec. 2023 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Parsons's Gross Margin % for the three months ended in Dec. 2023 was 24.57%.

Parsons COGS-to-Revenue Historical Data

The historical data trend for Parsons'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.

Parsons COGS-to-Revenue Chart

Parsons Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial 0.79 0.78 0.77 0.77 0.78

Parsons Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.78 0.79 0.79 0.75

Parsons COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=4236.735 / 5442.749
=0.78

Parsons's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1127.022 / 1494.226
=0.75

* 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.

Parsons  (NYSE:PSN) COGS-to-Revenue Explanation

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

Parsons's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 1127.022 / 1494.226
=24.57 %

* 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.

Parsons COGS-to-Revenue Related Terms

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Parsons (Parsons) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Parsons Corp (NYSE:PSN) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
59P:Germany 59P:Germany
Address
5875 Trinity Parkway, Suite 300, Centreville, VA, USA, 21120
Website
https://www.parsons.com
Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.
Executives
George L. Ball officer: Chief Financial Officer 10943 N. SAM HOUSTON PARKWAY W., HOUSTON TX 77064
Matthew Ofilos officer: Chief Financial Officer C/O PARSONS CORPORATION, 5875 TRINITY PARKWAY, #300, CENTREVILLE VA 20210
Ellen M. Lord director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Susan M. Balaguer officer: Chief Human Resources Officer C/O PARSONS, 5875 TRINITY PARKWAY #300, CENTREVILLE VA 20120
Carey A. Smith officer: Chief Operating Officer 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Michael Richard Kolloway officer: See Remarks 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
Harry T. Mcmahon director 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
David C Wajsgras director 870 WINTER STREET, WALTHAM MA 02451
Darren W Mcdew director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Letitia A Long director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Debra Fiori officer: Chief People Officer C/O PARSONS CORPORATION, 5875 TRINITY PARKWAY, #300, CENTREVILLE VA 20120
Charles L. Harrington director, officer: See Remarks 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
James F Mcgovern director
M Christian Mitchell director 355 S. GRAND AVE, SUITE 1750, LOS ANGELES CA 90071
Mark Holdsworth director 140 S. LAKE AVE., STE. 304, PASADENA CA 91101