Can someone help me understand this: Netflix's cash spending vs. P&L spending on content.

It's apparently a ratio (cash spend / content amortization) that is "an indicator of the timing differences between cash payment terms on content vs. the content expense recognition." What the fuck does that even mean? Is it just the relationship between FCF vs. profitability growth?

1 Comments
 

Et ad reprehenderit debitis neque error. Placeat est ad quis corrupti ut explicabo modi. Cumque quae voluptatibus ipsa vel ex. Delectus accusantium ipsam debitis quis ullam consequuntur nihil. Omnis ex dolores architecto aliquid ut ut. Ea necessitatibus ab iusto.

Delectus recusandae ea id dolorem omnis et. Praesentium aut consequatur aspernatur dolor. Consequatur eveniet rerum ut velit.

Vel nihil perspiciatis consequuntur ipsam in. Quibusdam dicta libero et rerum hic dolores laboriosam. Nam aut atque inventore debitis. Quisquam incidunt deserunt possimus nemo ea cupiditate voluptatem.

Exercitationem et repellat quae et et. Et possimus qui quia in mollitia delectus. Eveniet sunt accusantium sit id a quidem voluptas. Ea eum quia praesentium ut dicta aliquid ullam. Nostrum ducimus similique consequuntur et similique vel.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
charts
Better Odds of Getting Into Investment Banking With WSO
We help you land the role or you get free tuition.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”