Universal Music Group NV (XAMS:UMG) Other Operating Expense : €2,430 Mil (TTM As of Dec. 2023)

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What is Universal Music Group NV Other Operating Expense?

Universal Music Group NV's Other Operating Expense for the six months ended in Dec. 2023 was €2,295 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was €2,430 Mil.

Universal Music Group NV's quarterly Other Operating Expense declined from Dec. 2022 (€1,785 Mil) to Jun. 2023 (€135 Mil) but then increased from Jun. 2023 (€135 Mil) to Dec. 2023 (€2,295 Mil).

Universal Music Group NV's annual Other Operating Expense increased from Dec. 2021 (€175 Mil) to Dec. 2022 (€1,914 Mil) and increased from Dec. 2022 (€1,914 Mil) to Dec. 2023 (€2,430 Mil).

Universal Music Group NV Other Operating Expense Historical Data

The historical data trend for Universal Music Group NV'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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Universal Music Group NV Other Operating Expense Chart

Universal Music Group NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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175.00

1,914.00

2,430.00

Universal Music Group NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Operating Expense	Get a 7-Day Free Trial					175.00	129.00	1,785.00	135.00	2,295.00

Universal Music Group NV 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2,430 Mil.

Universal Music Group NV Other Operating Expense Related Terms

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Universal Music Group NV (XAMS:UMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Universal Music Group NV (XAMS:UMG) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

UNVGY:USA UMGNF:USA UMGa:UK 0VD:Germany UMG:Austria

Address

Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW

Website

https://www.universalmusic.com

Universal Music Group is the largest of the three major global record labels with Sony Music in second and Warner Music in third. Universal's larger segment, recorded music, consists of iconic labels like Interscope, Capitol Music, Decca, EMI, and Motown and popular artists such as Drake, Taylor Swift, J Balvin, and Luke Bryan. Universal Music Publishing Group owns and administers almost 4 million compositions and is the second-largest music publisher behind Sony. Universal Music was spun out of Vivendi in September 2021, with 60% distributed to Vivendi shareholders, 20% to Tencent, 10% to Pershing Square Capital, and 10% remaining at Vivendi.

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