Southern Company Product And Service Other — Total cost of sales increased by 37.0% to $126.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 37.0%, from $92.00M to $126.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue suggests margin compression in secondary business lines, while a decrease indicates improved operational efficiency or cost control in these segments.
This metric represents the direct costs associated with generating revenue from non-core or ancillary business activitie...
Peers in the utility sector often report similar figures under 'Other' or 'Non-regulated' operating expenses, though definitions vary based on the specific nature of the ancillary services.
so_segment_other_revenues_total_cost_of_sales| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $103.00M | $71.00M | $101.00M | $69.00M | $114.00M | $92.00M | $126.00M |
| QoQ Change | — | -31.1% | +42.3% | -31.7% | +65.2% | -19.3% | +37.0% |
| YoY Change | — | — | — | — | +10.7% | +29.6% | +37.0% |