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Schmitt Industries (Schmitt Industries) Selling, General, & Admin. Expense : $15.64 Mil (TTM As of May. 2022)


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What is Schmitt Industries Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Schmitt Industries's selling, general, & admin. expense for the three months ended in May. 2022 was $3.75 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in May. 2022 was $15.64 Mil.


Schmitt Industries Selling, General, & Admin. Expense Historical Data

The historical data trend for Schmitt Industries'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.

Schmitt Industries Selling, General, & Admin. Expense Chart

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.58 3.18 4.06 11.40 15.64

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 2.91 4.65 3.89 3.35 3.75

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

For the Scientific & Technical Instruments subindustry, Schmitt Industries'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.


Schmitt Industries's Selling, General, & Admin. Expense Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Schmitt Industries's Selling, General, & Admin. Expense distribution charts can be found below:

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



Schmitt Industries 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 May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.64 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.


Schmitt Industries  (OTCPK:SMIT) 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.


Schmitt Industries Selling, General, & Admin. Expense Related Terms

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


Schmitt Industries (Schmitt Industries) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2765 North West Nicolai Street, Portland, OR, USA, 97210
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.
Executives
Dustin Henderson other: Shareholder 11125 N PARK BLVD, STE 106, SEMINOLE FL 33772
Kristi Michelle Smaha director C/O SCHMITT INDUSTRIES, INC., 2765 N.W. NICOLAI STREET, PORTLAND OR 97210-1818
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Philip Bosco officer: Chief Financial Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Lillian Tung director 45 WEST 67TH STREET, 10D, NEW YORK NY 10023
Michael R. Zapata officer: Chief Executive Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Andrews P Hines director
Steven Strom director 2765 NW NICOLAI STREET, PORTLAND OR 97210
Charles Davidson director C/O SCHMITT INDUSTRIES, INC., 2765 N.W. NICOLAI STREET, PORTLAND OR 97210
Jamie Michael Schmidt officer: Chief Financial Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Walter Brown Pistor 10 percent owner 2415 KALAMA RIVER ROAD, KALAMA WA 98625
Regina Walker officer: Chief Financial Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Michael Ellsworth director SCHMITT INDUSTRIES, INC., 2765 NW NICOLAI, PORTLAND OR 97210
David Hudson director SCHMITT INDUSTRIES, INC., 2765 NW NICOLAI, PORTLAND OR 97210
Maynard E Brown director 1595 - 19TH STREET, WEST VANCOUVER A1 V7V 3X5

Schmitt Industries (Schmitt Industries) Headlines

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