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MDC Partners (MDC Partners) Cost of Goods Sold : $734 Mil (TTM As of Mar. 2021)


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What is MDC Partners Cost of Goods Sold?

MDC Partners's cost of goods sold for the three months ended in Mar. 2021 was $187 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2021 was $734 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MDC Partners's Gross Margin % for the three months ended in Mar. 2021 was 39.23%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


MDC Partners Cost of Goods Sold Historical Data

The historical data trend for MDC Partners's Cost of Goods Sold 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.

MDC Partners Cost of Goods Sold Chart

MDC Partners Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 936.13 1,023.48 991.20 961.08 769.90

MDC Partners Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Cost of Goods Sold 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 222.69 165.63 172.53 209.04 186.92

MDC Partners Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $734 Mil.

* 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.


MDC Partners  (NAS:MDCA) Cost of Goods Sold Explanation

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

MDC Partners's Gross Margin % for the three months ended in Mar. 2021 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(307.585 - 186.921) / 307.585
=39.23 %

* 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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

MDC Partners's Inventory Turnover for the three months ended in Mar. 2021 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


MDC Partners Cost of Goods Sold Related Terms

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MDC Partners (MDC Partners) Business Description

Traded in Other Exchanges
N/A
Address
One World Trade Center, 65th Floor, New York, NY, USA, 10007
MDC Partners Inc is a marketing company. Its core activities involve direct marketing, mobile marketing, market research, data analytics, design and branding, social media communications, and e-commerce. The company operates in three segments: Integrated Networks, Media & Data Network, and All Other. The company derives the majority of its revenue from The Integrated Networks segment, which provides a range of services for their clients, primarily including strategy, creative and production for advertising campaigns across a variety of platforms (print, digital, social media, television broadcast) as well as public relations and communications services, experiential, social media and influencer marketing. Its geographical segments include United States, Canada, and others.
Executives
Jonathan B. Mirsky officer: Former General Counsel C/O MDC PARTNERS INC., 745 5TH AVENUE, 19TH FLOOR, NEW YORK NY 10151
Charlene Barshefsky director
Asha Daniere director 330 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Wade Oosterman director C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Desiree G Rogers director C/O PINNACLE ENTERTAINMENT, INC., 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Irwin D Simon director C/O THE HAIN CELESTIAL GROUP INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Frank P Lanuto officer: EVP, Chief Financial Officer HUDSON HIGHLAND GROUP, INC., 560 LEXINGTON AVENUE, NEW YORK NY 10022
Mark Jeffery Penn director, 10 percent owner, officer: Chief Executive Officer 1808 I STREENET, NW, 6TH FLOOR, WASHINGTON DC 20006
Vincenzo Dimaggio officer: SVP, Chief Accounting Officer 330 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Ross David Corwin officer: See Remarks 250 WEST 94TH STREET, APT. 12G, NEW YORK NY 10025
Daniel Steven Goldberg director 272 SOPER PLACE, OTTAWA A6 K1M 2J2
Seth Gardner officer: Chief Operating Officer CERBERUS CAPITAL MANAGEMENT, L.P., 299 PARK AVENUE, NEW YORK NY 10171
Mitchell Gendel officer: Gen. Counsel & Corp. Secretary EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Stagwell Group Llc 10 percent owner 1808 I STREET, NW, 6TH FLOOR, WASHINGTON DC 20006
Stagwell Agency Holdings Llc 10 percent owner 1808 I STREET, NW, 6TH FLOOR, WASHINGTON DC 20006

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