Invesco Municipal Trust (Invesco Municipal Trust) Selling, General, & Admin. Expense : $0.33 Mil (TTM As of Aug. 2023)

Invesco Municipal Trust Selling, General, & Admin. Expense Chart

Invesco Municipal Trust Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Selling, General, & Admin. Expense	Get a 7-Day Free Trial								0.19	0.15	0.17	0.16	0.17

Competitive Comparison of Invesco Municipal Trust's Selling, General, & Admin. Expense

For the Asset Management subindustry, Invesco Municipal Trust'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.

Invesco Municipal Trust's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

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

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

Invesco Municipal Trust 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.33 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.

Invesco Municipal Trust  (NYSE:VKQ) 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.

Invesco Municipal Trust Selling, General, & Admin. Expense Related Terms

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

Invesco Municipal Trust (Invesco Municipal Trust) Business Description