Melco Resorts and Entertainment (Melco Resorts and Entertainment) Other Operating Expense : $849 Mil (TTM As of Mar. 2024)

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What is Melco Resorts and Entertainment Other Operating Expense?

Melco Resorts and Entertainment's Other Operating Expense for the three months ended in Mar. 2024 was $150 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $849 Mil.

Melco Resorts and Entertainment's quarterly Other Operating Expense increased from Sep. 2023 ($159 Mil) to Dec. 2023 ($372 Mil) but then declined from Dec. 2023 ($372 Mil) to Mar. 2024 ($150 Mil).

Melco Resorts and Entertainment's annual Other Operating Expense declined from Dec. 2021 ($641 Mil) to Dec. 2022 ($606 Mil) but then increased from Dec. 2022 ($606 Mil) to Dec. 2023 ($858 Mil).

Melco Resorts and Entertainment Other Operating Expense Historical Data

The historical data trend for Melco Resorts and Entertainment's Other Operating Expense 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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Melco Resorts and Entertainment Other Operating Expense Chart

Melco Resorts and Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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734.30

680.06

640.95

606.40

858.28

Melco Resorts and Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															159.36	167.43	159.39	372.10	149.60

Melco Resorts and Entertainment Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $849 Mil.

Melco Resorts and Entertainment Other Operating Expense Related Terms

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Melco Resorts and Entertainment (Melco Resorts and Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melco Resorts and Entertainment Ltd (NAS:MLCO) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

0A2P:UK M1LC34:Brazil

Address

60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG

Website

https://www.melco-resorts.com

Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on VIP customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao with the rest largely from the Philippines as of 2019.