Aramark ARMK Career apparel and linens — Capitalized contract cost, amortization

Similar metrics at other companies

ALLYNoninsurance contracts — Capitalized contract cost, amortization

$138M-2.1%

NRGRetail — Capitalized Contract Cost Amortization

$0—

NRGOperating Segments — Capitalized Contract Cost Amortization

-$14M—

AMPCorporate & Other — Amortization of deferred acquisition costs

$1M-50.0%

NRGOther revenue — Amortization of capitalized contract costs

-$6M-220%

NRGIntersegment Elimination — Capitalized Contract Cost Amortization

$0—

Questions, answered.

What is Aramark's career apparel and linens — capitalized contract cost, amortization?

Aramark (ARMK) reported career apparel and linens — capitalized contract cost, amortization of $85.98M in Q3 2023.

How has Aramark's career apparel and linens — capitalized contract cost, amortization changed year-over-year?

Aramark's career apparel and linens — capitalized contract cost, amortization increased by 19.2% year-over-year, from $72.13M to $85.98M.

What is the long-term trend for Aramark's career apparel and linens — capitalized contract cost, amortization?

Over 2 years (2021 to 2023), Aramark's career apparel and linens — capitalized contract cost, amortization has grown at a 11.9% compound annual growth rate (CAGR), from $274.5M to $343.9M.

What does career apparel and linens — capitalized contract cost, amortization mean?

The annual expense recognized from spreading out the upfront costs of winning and starting long-term service contracts.

How do you interpret career apparel and linens — capitalized contract cost, amortization?

An increase suggests higher historical investment in contract acquisition, while a decrease may indicate lower recent sales activity or fully amortized contract costs.

How does career apparel and linens — capitalized contract cost, amortization compare across companies?

Commonly reported by service-based companies as 'Amortization of Contract Acquisition Costs' or 'Amortization of Deferred Contract Costs'.