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Adams Diversified Equity Fund (Adams Diversified Equity Fund) Selling, General, & Admin. Expense : $5.4 Mil (TTM As of Dec. 2023)


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What is Adams Diversified Equity Fund Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Adams Diversified Equity Fund's selling, general, & admin. expense for the six months ended in Dec. 2023 was $2.6 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $5.4 Mil.


Adams Diversified Equity Fund Selling, General, & Admin. Expense Historical Data

The historical data trend for Adams Diversified Equity Fund'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.

Adams Diversified Equity Fund Selling, General, & Admin. Expense Chart

Adams Diversified Equity Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 4.40 4.88 5.64 4.63 5.43

Adams Diversified Equity Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.55 2.69 1.94 2.83 2.61

Competitive Comparison of Adams Diversified Equity Fund's Selling, General, & Admin. Expense

For the Asset Management subindustry, Adams Diversified Equity Fund'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.


Adams Diversified Equity Fund's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Adams Diversified Equity Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Adams Diversified Equity Fund's Selling, General, & Admin. Expense falls into.



Adams Diversified Equity Fund 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 semi-annually data reported by the company within the most recent 12 months, which was $5.4 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.


Adams Diversified Equity Fund  (NYSE:ADX) 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.


Adams Diversified Equity Fund Selling, General, & Admin. Expense Related Terms

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Adams Diversified Equity Fund (Adams Diversified Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
500 East Pratt Street, Suite 1300, Baltimore, MD, USA, 21202
Adams Diversified Equity Fund Inc is a diversified investment company. It is an internally-managed closed-end fund. The investment objectives of the company are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation.
Executives
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Jane Musser Nelson director 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Frederic A Escherich director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Mark E. Stoeckle officer: CEO ADAMS FUNDS, 500 EAST PRATT ST., STE. 1300, BALTIMORE MD 21202
Janis F. Kerns officer: Gen Counsel,Corp Sec, CCO ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Lauriann C Kloppenburg director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Craig R Smith director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Kenneth James Dale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Swindell Douglas Cotton officer: E.V.P. ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
James P. Haynie officer: President ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Roger W Gale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Hooper Lawrence L Jr officer: VP, Sec'y & Gen'l Counsel 500 EAST PRATT STREET, STE 1300, BALTIMORE MD 21202
Prue Nancy J F officer: Executive Vice President 775 BRUSHWOOD COURT, MILLERSVILLE MD 21108
Douglas G Ober director, officer: Chairman & CEO 7 ST PAUL STREET, STE 1140, BALTIMORE MD 21202
Gregory Hazlett director C/O ABERDEEN ASSET MANAGEMENT INC, 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103