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Turkiye Vakiflar Bankasi TAO (Turkiye Vakiflar Bankasi TAO) Selling, General, & Admin. Expense : $34 Mil (TTM As of Dec. 2023)


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What is Turkiye Vakiflar Bankasi TAO Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Turkiye Vakiflar Bankasi TAO's selling, general, & admin. expense for the three months ended in Dec. 2023 was $10 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $34 Mil.


Turkiye Vakiflar Bankasi TAO Selling, General, & Admin. Expense Historical Data

The historical data trend for Turkiye Vakiflar Bankasi TAO'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.

Turkiye Vakiflar Bankasi TAO Selling, General, & Admin. Expense Chart

Turkiye Vakiflar Bankasi TAO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.67 22.74 21.50 29.96 29.47

Turkiye Vakiflar Bankasi TAO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.38 5.49 11.72 6.67 10.15

Competitive Comparison of Turkiye Vakiflar Bankasi TAO's Selling, General, & Admin. Expense

For the Banks - Regional subindustry, Turkiye Vakiflar Bankasi TAO'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.


Turkiye Vakiflar Bankasi TAO's Selling, General, & Admin. Expense Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Vakiflar Bankasi TAO's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Turkiye Vakiflar Bankasi TAO's Selling, General, & Admin. Expense falls into.



Turkiye Vakiflar Bankasi TAO 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $34 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.


Turkiye Vakiflar Bankasi TAO  (OTCPK:TKYVY) 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.


Turkiye Vakiflar Bankasi TAO Selling, General, & Admin. Expense Related Terms

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Turkiye Vakiflar Bankasi TAO (Turkiye Vakiflar Bankasi TAO) Business Description

Traded in Other Exchanges
Address
Saray Mahallesi Dr. Adnan Buyukdeniz Caddesi No: 7/A-B, Genel Mudurlugu, Umraniye, Istanbul, TUR, 34768
Turkiye Vakiflar Bankasi TAO provides a range of banking products and services through its corporate, commercial and small to midsize enterprise, and retail and private banking business lines. In addition to its core services, the bank also participates in investment banking, insurance, as well as financial leasing and factoring, among other activities. Most of the bank's earning assets are commercial loans, but it also has a significant retail loan book and securities portfolio. The bank operates and has its credit exposed overwhelmingly in the Turkish market.

Turkiye Vakiflar Bankasi TAO (Turkiye Vakiflar Bankasi TAO) Headlines

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