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SORL Auto Parts (SORL Auto Parts) Selling, General, & Admin. Expense : $95.4 Mil (TTM As of Sep. 2019)


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What is SORL Auto Parts Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. SORL Auto Parts's selling, general, & admin. expense for the three months ended in Sep. 2019 was $22.1 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2019 was $95.4 Mil.


SORL Auto Parts Selling, General, & Admin. Expense Historical Data

The historical data trend for SORL Auto Parts'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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SORL Auto Parts Selling, General, & Admin. Expense Chart

SORL Auto Parts 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 41.69 36.78 45.04 61.09 82.10

SORL Auto Parts 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 18.21 27.42 20.26 25.69 22.06

Competitive Comparison of SORL Auto Parts's Selling, General, & Admin. Expense

For the Auto Parts subindustry, SORL Auto Parts'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.


SORL Auto Parts's Selling, General, & Admin. Expense Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SORL Auto Parts's Selling, General, & Admin. Expense distribution charts can be found below:

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



SORL Auto Parts 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 $95.4 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.


SORL Auto Parts  (NAS:SORL) 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.


SORL Auto Parts Selling, General, & Admin. Expense Related Terms

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SORL Auto Parts (SORL Auto Parts) Business Description

Traded in Other Exchanges
N/A
Address
NO. 2666 KaiFaqu Avenue, Ruili Industry Area, Zhejiang Province, Ruian City, CHN, 325200
SORL Auto Parts Inc develops, manufactures and distributes automotive brake systems and other key safety-related auto parts to automotive original equipment manufacturers, and the related aftermarket both in China and internationally. The company is organized into two principal operating division: Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. Its key products are air brake system, tubes and fittings, ABS and diagnosis, power steering pumps, electrical and railway parts, and new energy parts. The company's products are principally used in different types of commercial vehicles, such as trucks and buses. Most of the firm's revenue gets generated through Commercial Vehicles Brake Systems segment.
Executives
Kevin R Keating director, officer: President 190 LAKEVIEW WAY, VERO BEACH FL 32963