GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Corus Entertainment Inc (STU:9CO) » Definitions » Cost of Goods Sold

Corus Entertainment (STU:9CO) Cost of Goods Sold : €358.3 Mil (TTM As of Aug. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Corus Entertainment Cost of Goods Sold?

Corus Entertainment's cost of goods sold for the three months ended in Aug. 2024 was €76.2 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Aug. 2024 was €358.3 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Corus Entertainment's Gross Margin % for the three months ended in Aug. 2024 was 57.39%.

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


Corus Entertainment Cost of Goods Sold Historical Data

The historical data trend for Corus Entertainment'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.

Corus Entertainment Cost of Goods Sold Chart

Corus Entertainment Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 348.36 364.58 479.27 457.15 352.10

Corus Entertainment Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 113.14 89.51 89.48 103.02 76.24

Corus Entertainment 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €358.3 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.


Corus Entertainment  (STU:9CO) Cost of Goods Sold Explanation

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

Corus Entertainment's Gross Margin % for the three months ended in Aug. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(178.911 - 76.238) / 178.911
=57.39 %

* 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:

Corus Entertainment's Inventory Turnover for the three months ended in Aug. 2024 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.


Corus Entertainment Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Corus Entertainment's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Corus Entertainment Business Description

Traded in Other Exchanges
Address
25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5
Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to the music, news, and talk radio markets. Television segment is the key revenue driver for the group. The company generates the vast majority of its revenue in Canada.

Corus Entertainment Headlines

No Headlines