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ITEX (ITEX) Selling, General, & Admin. Expense : $0.68 Mil (TTM As of Jul. 2023)


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What is ITEX Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. ITEX's selling, general, & admin. expense for the six months ended in Jul. 2023 was $0.68 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jul. 2023 was $0.68 Mil.


ITEX Selling, General, & Admin. Expense Historical Data

The historical data trend for ITEX's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ITEX Selling, General, & Admin. Expense Chart

ITEX Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul22 Jul23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.27 1.71 1.14 0.72 0.68

ITEX Semi-Annual Data
Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul22 Jul23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.27 1.71 1.14 0.72 0.68

Competitive Comparison of ITEX's Selling, General, & Admin. Expense

For the Capital Markets subindustry, ITEX's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ITEX's Selling, General, & Admin. Expense Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ITEX's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where ITEX's Selling, General, & Admin. Expense falls into.



ITEX Selling, General, & Admin. Expense Calculation

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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jul. 2023 was $0.68 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ITEX  (OTCPK:ITEX) Selling, General, & Admin. Expense 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.


ITEX Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of ITEX's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


ITEX (ITEX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
13555 South East 36th Street, Suite 210, Bellevue, WA, USA, 98006
ITEX Corp operates a marketplace in which products and services are exchanged by marketplace members utilizing virtual currency. Its Marketplace provides a forum for members to purchase from and sell their products and services to other members using ITEX dollars instead of the United States dollars and Canadian dollars (USD or cash). It administers the marketplace and provides record-keeping and payment transaction processing services for its members. They generate revenue by charging members percentage-based transaction fees, association fees, and other fees assessed in United States dollars and Canadian dollars.
Executives
Lion Fund, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Capital Corp. 10 percent owner, other: See Explanation of Responses 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Kevin H Callan director 3326 160TH AVE. SE, STE. 100, BELLEVUE WA 98008
Timothy R Morones director 3326 160TH AVE SE STE 100, BELLEVUE WA 98008
Sardar Biglari, 10 percent owner, other: See Explanation of Responses C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Holdings Inc. 10 percent owner, other: See Explanation of Responses 17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Western Sizzlin Corp 10 percent owner, other: See Explanation of Responses 317 KIMBALL AVENUE NW, ROANOKE VA 24016
G. Andrew Cooke 10 percent owner 3110 9TH ROAD N. APT. B, ARLINGTON VA 22201
David Polonitza 10 percent owner 54B SANDRA CIRCLE, APT B1, WESTFIELD NJ 07090
Pagidipati Family Limited Partnership 10 percent owner 2955 SE 3RD COURT, OCALA FL 34471
Corner Market Capital Corp 10 percent owner BOX 36, #1620 - 1140 WEST PENDER STREET, VANCOUVER A1 V6E-4G1
Sanjeev Parsad 10 percent owner 21-355 DUTHIE AVENUE, BURNABY A1 V5A-2P3
Alnesh Mohan 10 percent owner 702-583 BEACH CRESCENT, VANCOUVER A1 V6Z-3E6
Corner Market Capital U.s., Inc. 10 percent owner BOX 36, #1620 - 1140 WEST PENDER STREET, VANCOUVER A1 V6E-4G1
Mpic Fund I Lp 10 percent owner 1199 WEST PENDER STREET, SUITE 680, VANCOUVER A1 V6E 2R1

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