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Roku, Inc. ROKU Content Providers And Other Vendors — Purchase Obligation

Discontinued — last reported Q3 '19

Similar metrics at other companies

Coupang logo
CPNGLicense Arrangement — Purchase commitment, remaining minimum amount committed
$290M
PSK
PSKYProgramming obligations
$386M
Fox Corporation logo
FOXACable Network Programming And Television Segments — Program Rights Obligations
$0
Universal Health Services logo
UHSOther Software Applications — Recorded Unconditional Purchase Obligation
$10M-16.7%
PSK
PSKYProgram Rights Obligations Current
$1.86B
PSK
PSKYParticipants’ share and royalties payable
$1.4B

Other financials

Income statement

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Revenue$1.2B+22.4%
Gross profit$564.9M+26.9%
Operating income$51.8M+190%
Net income$85.7M+412%
EPS (diluted)$0.57+400%

Balance sheet

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Cash & equivalents$1.6B-26.9%
Total debt$501.1M-13.2%
Total equity$2.7B+5.8%
Total assets$4.4B+4.1%

Cash flow

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Operating cash flow$199.1M+43.5%
CapEx$3.1M+62.3%
Free cash flow$196.0M+43.3%

Valuation

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Market cap$20.48B+35.7%
Enterprise value$19.33B+48.8%
P/E101.7×
P/S4.1×+0.6×

Profitability

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Gross margin44.2%+0.4pp
Operating margin-2.4%-1.0pp
Net margin4.1%+2.9pp
FCF margin10.8%+3.7pp

Returns & leverage

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Return on equity7.8%+5.7pp
Debt / equity0.2×0.0×
Current ratio2.9×0.0×

Where this comes from

Reported directly by Roku, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PurchaseObligation.

The official record: Roku, Inc.’s 10-Q, filed November 8, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does content providers and other vendors — purchase obligation mean?
The total amount of money the company is contractually obligated to pay to content creators and vendors for future streaming rights.
How do you interpret content providers and other vendors — purchase obligation?
An increase suggests aggressive content acquisition and a commitment to expanding the library, while a decrease may indicate a more conservative content strategy or the expiration of major licensing deals.
How does content providers and other vendors — purchase obligation compare across companies?
Similar to 'Content Licensing Commitments' or 'Minimum Guarantee Obligations' found in the financial disclosures of other streaming platforms and media companies.