WAY (Waystar Holding) COGS-to-Revenue : 0.34 (As of Jun. 2024)

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What is Waystar Holding COGS-to-Revenue?

Waystar Holding's Cost of Goods Sold for the six months ended in Jun. 2024 was $155.6 Mil. Its Revenue for the six months ended in Jun. 2024 was $459.3 Mil.

Waystar Holding's COGS to Revenue for the six months ended in Jun. 2024 was 0.34.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Waystar Holding's Gross Margin % for the six months ended in Jun. 2024 was 66.12%.

Waystar Holding COGS-to-Revenue Historical Data

The historical data trend for Waystar 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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Waystar Holding COGS-to-Revenue Chart

Waystar Holding Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.26

0.30

0.32

Waystar Holding Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial			0.31	0.30	0.31	0.32	0.34

Waystar Holding COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	249.767	/	791.01
	=	0.32

Waystar Holding's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	155.643	/	459.335
	=	0.34

Waystar Holding (NAS:WAY) COGS-to-Revenue Explanation

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

Waystar Holding's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	155.643 / 459.335
	=	66.12 %

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.

Waystar Holding COGS-to-Revenue Related Terms

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Waystar Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Waystar Holding Corp (NAS:WAY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1550 Digital Drive, Suite 300, Lehi, UT, USA, 84043

Website

https://www.waystar.com

Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in better transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for our solutions extends throughout the United States and includes Puerto Rico and other US Territories.