Switch to:
GuruFocus has detected 6 Warning Signs with Agilent Technologies Inc $A.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Agilent Technologies Inc (NYSE:A)
Selling, General, & Admin. Expense
$1,238 Mil (TTM As of Jan. 2017)

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Agilent Technologies Inc's selling, general, & admin. expense for the three months ended in Jan. 2017 was $289 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jan. 2017 was $1,238 Mil.


Definition

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Agilent Technologies Inc Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jan. 2017 was 318 (Apr. 2016 ) + 310 (Jul. 2016 ) + 321 (Oct. 2016 ) + 289 (Jan. 2017 ) = $1,238 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Related Terms

Gross Profit, Cost of Goods Sold


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Agilent Technologies Inc Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
SG&A 1,7001,6971,6031,7521,8091,8171,1841,1991,1891,253

Agilent Technologies Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
SG&A 312310292290297304318310321289
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK