Ossen Innovation Co (Ossen Innovation Co) Selling, General, & Admin. Expense : $7.3 Mil (TTM As of Dec. 2020)

Ossen Innovation Co Selling, General, & Admin. Expense Chart

Ossen Innovation Co Annual Data
	Trend	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Selling, General, & Admin. Expense		Get a 7-Day Free Trial					7.11	6.60	5.59	6.51	7.34

Ossen Innovation Co Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Selling, General, & Admin. Expense	Get a 7-Day Free Trial															2.31	2.81	3.70	2.45	4.89

Competitive Comparison of Ossen Innovation Co's Selling, General, & Admin. Expense

For the Steel subindustry, Ossen Innovation Co'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.

Ossen Innovation Co's Selling, General, & Admin. Expense Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ossen Innovation Co's Selling, General, & Admin. Expense distribution charts can be found below:

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

Ossen Innovation Co 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was $7.3 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.

Ossen Innovation Co  (NAS:OSN) 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.

Ossen Innovation Co Selling, General, & Admin. Expense Related Terms

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

Ossen Innovation Co (Ossen Innovation Co) Business Description