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WellCare Health Plans (WellCare Health Plans) Selling, General, & Admin. Expense : $2,092 Mil (TTM As of Sep. 2019)


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What is WellCare Health Plans Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. WellCare Health Plans's selling, general, & admin. expense for the three months ended in Sep. 2019 was $567 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2019 was $2,092 Mil.


WellCare Health Plans Selling, General, & Admin. Expense Historical Data

The historical data trend for WellCare Health Plans'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.

WellCare Health Plans Selling, General, & Admin. Expense Chart

WellCare Health Plans Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,018.80 1,132.90 1,133.10 1,484.70 1,701.00

WellCare Health Plans Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 433.20 534.00 503.80 486.80 567.40

Competitive Comparison of WellCare Health Plans's Selling, General, & Admin. Expense

For the Healthcare Plans subindustry, WellCare Health Plans'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.


WellCare Health Plans's Selling, General, & Admin. Expense Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, WellCare Health Plans's Selling, General, & Admin. Expense distribution charts can be found below:

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



WellCare Health Plans 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,092 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.


WellCare Health Plans  (NYSE:WCG) 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.


WellCare Health Plans Selling, General, & Admin. Expense Related Terms

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WellCare Health Plans (WellCare Health Plans) Business Description

Traded in Other Exchanges
N/A
Address
8735 Henderson Road, Renaissance One, Tampa, FL, USA, 33634
WellCare Health Plans Inc is a managed care organization focused on government-sponsored managed care services, including Medicare and Medicaid. WellCare's membership is concentrated in Florida, Georgia, Kentucky, New York, and Illinois. Its key segments are Medicaid health plans, Medicare health plans, and Medicare prescription drug plans. Medicaid health plans represent the largest proportion of both total membership and premium revenue. The Medicaid segment generates revenue from the premiums received from the states in which health plans are offered, based on a fixed per-member per-month amount. WellCare also provides Medicare Part C and Part D benefits through its Medicare Advantage plans.
Executives
William L Trubeck director ONE H&R BLOCK WAY, KANSAS CITY MO 64105
H James Dallas director 127 PUBLIC SQUARE, CLEVELAND OH 44114
Kenneth A Burdick director, officer: Chief Executive Officer 6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
Anat Hakim officer: EVP, General Counsel/Secretary LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Paul E Weaver director C/O GATEWAY, INC., 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Steele Glenn Jr Md Phd director 250 TECHNOLOGY PARK, LAKE MARY FL 32746-6232
Carol Burt director C/O WELLCARE HEALTH PLANS, INC., 8725 HENDERSON ROAD, TAMPA FL 33634
Roel C Campos director 509 WEST BUTLER ROAD, GREENVILLE SC 29607
Maurice Hebert officer: Chief Accounting Officer C/O WELLCARE HEALTH PLANS, INC., 8735 HENDERSON ROAD, TAMPA FL 33634
David J Gallitano director 3552 CHURCH ROAD, ELLICOTT CITY MD 21043
Thomas L Tran officer: Chief Financial Officer 8735 HENDERSON ROAD, TAMPA FL 33625
Lisa G Iglesias officer: SVP, General Counsel 1 FOUNTAIN SQUARE, LAW DEPT. 7S730, CHATTANOOGA TN 37402
Lucinda M. Baily officer: Chief Compliance Officer 10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Walter W. Cooper officer: Chief Administrative Officer 8725 HENDERSON ROAD, REN. 1, TAMPA FL 33634
Charles Berg other: Former Director 48 MONROE TURNPIKE, TRUMBULL CT 06611