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AMC Networks (AMC Networks) Cost of Goods Sold : $1,328 Mil (TTM As of Dec. 2023)


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What is AMC Networks Cost of Goods Sold?

AMC Networks's cost of goods sold for the three months ended in Dec. 2023 was $394 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $1,328 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. AMC Networks's Gross Margin % for the three months ended in Dec. 2023 was 41.97%.

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


AMC Networks Cost of Goods Sold Historical Data

The historical data trend for AMC Networks'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.

AMC Networks Cost of Goods Sold Chart

AMC Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,506.99 1,401.59 1,432.08 1,515.90 1,327.50

AMC Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 612.43 326.73 321.96 284.90 393.91

AMC Networks 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,328 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.


AMC Networks  (NAS:AMCX) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(678.848 - 393.91) / 678.848
=41.97 %

* 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:

AMC Networks's Inventory Turnover for the three months ended in Dec. 2023 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.


AMC Networks Cost of Goods Sold Related Terms

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AMC Networks (AMC Networks) Business Description

Traded in Other Exchanges
Address
11 Penn Plaza, New York, NY, USA, 10001
AMC Networks owns several cable networks, including flagship AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, the most widely distributed channel, reaches more than 70 million pay-TV households in the U.S. Over the last decade, AMC shifted its focus to original scripted programming from classic movies. WE tv targets a female audience and reaches roughly 68 million households. IFC mainly shows independent films and alternative comedy series. AMC also operates a number of niche streaming platforms including Acorn (focused on British shows) and Shudder (focused on horror programming). The firm launched AMC+, a streaming platform for its own content in 2020.
Executives
Matthew Blank officer: Interim CEO TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
James Gallagher officer: EVP and General Counsel 11 PENN PLAZA, NEW YORK NY 10001
Kimberly Kelleher officer: Chief Commercial Officer C/O REDBOX ENTERTAINMENT INC., 1 TOWER LANE, SUITE 800, OAKBROOK TERRACE IL 60181
Dan Mcdermott officer: President - Ent. & AMC Studios 2425 OLYMPIC BOULEVARD, SANTA MONICA CA 90404
Debra Golding Perelman director 35 EAST 62ND STREET, NEW YORK NY 10065
Dolan Leinauer Corby other: Trustee of 13D Group Member BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Patrick O'connell officer: EVP & Chief Financial Officer 11 PENN PLAZA, NEW YORK CITY NY 10001
Joseph Cohen director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joshua W Sapan officer: President and CEO 11 PENN PLAZA, NEW YORK NY 10001
Christina Spade officer: COO and CFO 11 PENN PLAZA, NEW YORK NY 10001
Sherin Michael J. Iii officer: EVP, Chief Accounting Officer 11 PENN PLAZA, NEW YORK CITY NY 10001
Cfd 2021 Gc Trust Fbo Tara E. Dolan other: Member of 13(d) Group DOLAN FAMILY OFFICE, LLC, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2021 Gc Trust Fbo Kevyn A. Dolan other: Member of 13(d) Group DOLAN FAMILY OFFICE,LLC, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Aidan J Dolan director 11 PENN PLAZA, NEW YORK NY 10001
Christian B. Wymbs officer: EVP & Chief Accounting Officer AMC NETWORKS INC., 11 PENN PLAZA, NEW YORK NY 10001