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Mercury General (Mercury General) Selling, General, & Admin. Expense : $0 Mil (TTM As of Mar. 2024)


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

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Mercury General's selling, general, & admin. expense for the three months ended in Mar. 2024 was $0 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0 Mil.


Mercury General Selling, General, & Admin. Expense Historical Data

The historical data trend for Mercury General'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.

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Mercury General Selling, General, & Admin. Expense Chart

Mercury General Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
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Mercury General Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Mercury General's Selling, General, & Admin. Expense

For the Insurance - Property & Casualty subindustry, Mercury General'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.


Mercury General's Selling, General, & Admin. Expense Distribution in the Insurance Industry

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

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



Mercury General 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.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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.


Mercury General  (NYSE:MCY) 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.


Mercury General Selling, General, & Admin. Expense Related Terms

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Mercury General (Mercury General) Business Description

Industry
Traded in Other Exchanges
Address
4484 Wilshire Boulevard, Los Angeles, CA, USA, 90010
Mercury General Corp is an insurance holding company operating in the property-casualty market, where it focuses on low-cost auto insurance for individuals, with operations in nearly 13 United States of America states. However, its business--about 75% of premiums--comes from California, where it was established by George Joseph, the current company chairman, and majority owner. Its insurance is distributed exclusively through independent agents.
Executives
Joshua Eric Little director 192 E 200 N, THIRD FLOOR, ST. GEORGE UT 84770
Wei Pang officer: VP/Chief Technology Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Mark Allan Ribisi officer: President of AIS,subsidiary 16969 VON KARMAN AVE., IRVINE CA 92606
Katelyn Marie Gibbs officer: VP/Chief Experience Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Kelly Lynn Butler officer: VP/Chief Underwriting Officer 1700 GREENBRIAR LANE, BREA CA 92821
Joseph Vicky Wai Yee director 4484 WILSHIRE BLVD., LOS ANGELES CA 90010
George Joseph director, officer: Chairman of the Board 4484 WILSHIRE BLVD, LOS ANGELES CA 90010
George Gwyer Braunegg director 6121 SHENANDOAH AVE., LOS ANGELES CA 90010
Abby Hosseini officer: VP/Chief Information Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Brandt Minnich officer: Vice President, Marketing 1700 GREENBRIAR LANE, BREA CA 92821
Gabriel Tirador officer: President, other: Director
Charles Toney officer: Vice President
Jeffrey Michael Schroeder officer: VP/Chief Product Officer 1700 GREENBRIAR LANE, BREA CA 92821
Mike Curtius director
Ramona L Cappello director 4600 SLEEPYTIME DR, BOULDER CO 80301