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Sales and marketing
Posted by: boosla (IP Logged)
Date: June 6, 2013 12:32PM

Hi,

I am interested in obtaining quarterly data about "Sales and marketing" for a company. Normally, this is available in the "Income Statement" but I can't find it in gurufocus output. Any suggestions?

PS: Gurufocus has (Sales, General and administrative expenses) which is the total of: Sales and marketing + Administrative expenses. I only need Sales and marketing

Thanks


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Re: Sales and marketing
Posted by: gurufocus (IP Logged)
Date: June 6, 2013 01:05PM

Companies don't report Sales and Marketing separately. They are included in "Selling, General, Admin..." (SGA) part of income statement:

You can see it here:

http://www.gurufocus.com/financials/WMT#is


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Re: Sales and marketing
Posted by: boosla (IP Logged)
Date: June 6, 2013 01:20PM

They do report "Sales and Marketing" and "General and administrative expenses" separately.

Example:
:905f:http://www.sec.gov/cgi-bin/viewer?action=view&cik=789019&accession_number=0001193125-11-276022&xbrl_:/905f:#


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Re: Sales and marketing
Posted by: gurufocus (IP Logged)
Date: June 6, 2013 01:26PM

I should rephrase. Not all companies report them separately. We cannot cover them with a standardized format like we have. For instance, even Wal-Mart does not report them separately:

http://www.sec.gov/cgi-bin/viewer?action=view&cik=104169&accession_number=0000104169-13-000011&xbrl_#


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