GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alliance Entertainment Holding Corp (NAS:AENT) » Definitions » Cost of Goods Sold

AENT (Alliance Entertainment Holding) Cost of Goods Sold : $975 Mil (TTM As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Alliance Entertainment Holding Cost of Goods Sold?

Alliance Entertainment Holding's cost of goods sold for the three months ended in Sep. 2024 was $203 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was $975 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Alliance Entertainment Holding's Gross Margin % for the three months ended in Sep. 2024 was 11.15%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Alliance Entertainment Holding's Inventory Turnover for the three months ended in Sep. 2024 was 1.72.


Alliance Entertainment Holding Cost of Goods Sold Historical Data

The historical data trend for Alliance Entertainment Holding'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.

Alliance Entertainment Holding Cost of Goods Sold Chart

Alliance Entertainment Holding Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Cost of Goods Sold
656.49 1,140.89 1,235.00 1,054.79 971.59

Alliance Entertainment Holding Quarterly Data
Jun20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 200.50 377.88 183.20 210.01 203.46

Alliance Entertainment Holding 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $975 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.


Alliance Entertainment Holding  (NAS:AENT) Cost of Goods Sold Explanation

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

Alliance Entertainment Holding's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(228.99 - 203.455) / 228.99
=11.15 %

* 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:

Alliance Entertainment Holding's Inventory Turnover for the three months ended in Sep. 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.


Alliance Entertainment Holding Cost of Goods Sold Related Terms

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


Alliance Entertainment Holding Business Description

Traded in Other Exchanges
N/A
Address
8201 Peters Road, Suite 1000, Plantation, FL, USA, 33324
Alliance Entertainment Holding Corp is a top-tier distributor of music, movies, and consumer electronics. It offers products consisting of vinyl records, compact discs, DVDs, Blu-rays, and video games. The company serves customers of every size, providing a suite of services to resellers and retailers around the world.