GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Avantax Inc (NAS:AVTA) » Definitions » Selling, General, & Admin. Expense

Avantax (Avantax) Selling, General, & Admin. Expense : $222.1 Mil (TTM As of Sep. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Avantax Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Avantax's selling, general, & admin. expense for the three months ended in Sep. 2023 was $59.3 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2023 was $222.1 Mil.


Avantax Selling, General, & Admin. Expense Historical Data

The historical data trend for Avantax'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.

Avantax Selling, General, & Admin. Expense Chart

Avantax Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.49 204.73 135.82 166.50 190.67

Avantax Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 47.56 50.46 58.58 53.76 59.31

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

For the Asset Management subindustry, Avantax'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.


Avantax's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

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

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



Avantax 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $222.1 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.


Avantax  (NAS:AVTA) 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.


Avantax Selling, General, & Admin. Expense Related Terms

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


Avantax (Avantax) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3200 Olympus Boulevard, Suite 100, Dallas, TX, USA, 75019
Avantax Inc is a provider of integrated tax-focused wealth management services and software, assisting consumers, small business owners, tax professionals, financial professionals, and certified public accounting firms. The firm has two distinct models in business: the independent Financial Professional model and the employee-based model. It refers to the independent Financial Professional model as Avantax Wealth Management offering services through its registered broker-dealer, registered investment advisor (RIA), and insurance agency subsidiaries. The employee-based model refers to Avantax Planning Partners offering services through its RIA and insurance agency by partnering with CPA firms to provide their consumer and small-business clients with financial planning and advisory services.
Executives
Stacy Murray officer: Principal Accounting Officer C/O FOGO DE CHAO, INC., 14881 QUORUM DR, SUITE 750, DALLAS TX 75254
Tabitha Bailey officer: Chief Legal Officer & Corp Sec 16803 DALLAS PARKWAY, ADDISON TX 75001
Kanayalal Amritlal Kotecha director 3200 OLYMPUS BLVD, SUITE 100, DALLAS TX 75019
Leaman J Richard Iii director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Mark A Ernst director 255 FISERV DRIVE, BROOKFIELD WI 53045
Georganne Proctor director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Marc Mehlman officer: Chief Financial Officer 6333 NORTH STATE HIGHWAY 161, 4TH FLOOR, C/O BLUCORA, INC., IRVING TX 75038
Christopher William Walters director 10900 NE 8TH STREET, SUITE 800, BELLEVUE WA 98004
Tina Perry director 3200 OLYMPUS BLVD, SUITE 100, DALLAS TX 75019
Karthik Rao director 3200 OLYMPUS BLVD, SUITE 100, DALLAS TX 75019
Carol Hayles director C/O CIT GROUP, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Steven Aldrich director C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
John Macilwaine director 71 STEVENSON STREET, #300, SAN FRANCISCO CA 94105
Mimi Carsley officer: Interim CFO 6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038
Jana R Schreuder director 50 S LA SALLE ST, CHICAGO IL 60675