Shift Technologies (STU:4GI0) Other Operating Expense: €12.0 Mil (TTM As of Jun. 2023)

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STU:4GI0 Shift Technologies Inc STU:4GI0
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What is Shift Technologies Other Operating Expense?

Shift Technologies STU:4GI0 10 Other Operating Expense is €12.0 Mil as of Jun. 2023. GuruFocus rates STU:4GI0 with a GF Score™ of 10/100.

Shift Technologies's Other Operating Expense for the three months ended in Jun. 2023 was €1.8 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2023 was €12.0 Mil.

Shift Technologies's quarterly Other Operating Expense increased from Dec. 2022 (€3.2 Mil) to Mar. 2023 (€4.1 Mil) but then declined from Mar. 2023 (€4.1 Mil) to Jun. 2023 (€1.8 Mil).

Shift Technologies's annual Other Operating Expense increased from Dec. 2020 (€3.7 Mil) to Dec. 2021 (€4.9 Mil) and increased from Dec. 2021 (€4.9 Mil) to Dec. 2022 (€9.9 Mil).

Shift Technologies Other Operating Expense Historical Data

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The historical data trend for Shift Technologies's Other Operating 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.

Shift Technologies Other Operating Expense Chart

Shift Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Other Operating Expense
2.90 3.73 4.94 9.87

Shift Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Other Operating 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 2.33 2.99 3.17 4.11 1.78
STU:4GI0
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Shift Technologies Inc STU:4GI0
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Shift Technologies Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €12.0 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.

What does a Other Operating Expense of €12.0 Mil mean?
Shift Technologies (STU:4GI0) has a Other Operating Expense of €12.0 Mil as of Jun. 2023. Other operating expenses that a company records on its income statement. View historical data on Shift Technologies and its competitors.
Is Shift Technologies' Other Operating Expense too high?
Shift Technologies' current Other Operating Expense is €12.0 Mil. Overall, Shift Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Shift Technologies' Other Operating Expense compare to PREC and EICCF?
Shift Technologies' Other Operating Expense of €12.0 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Vehicles & Parts company?
A good Other Operating Expense depends on the Vehicles & Parts industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Shift Technologies and its competitors. Shift Technologies's current Other Operating Expense is €12.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shift Technologies stock overvalued right now?
Shift Technologies (STU:4GI0) has a current Other Operating Expense of €12.0 Mil. The current Other Operating Expense is €12.0 Mil. Shift Technologies' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Shift Technologies (STU:4GI0), the current Other Operating Expense is €12.0 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shift Technologies Business Description

Address 290 Division Street, Suite 400, San Francisco, CA, USA, 94103-4893
Shift Technologies Inc is an end-to-end auto e-commerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. The company makes car purchase and ownership simple - making buying or selling a used car fun, fair, and accessible to everyone. It provides comprehensive, digital solutions throughout the car ownership lifecycle: finding the right car, having a test drive , a seamless digitally-driven purchase transaction including financing and vehicle protection products, an efficient, digital trade-in/sale transaction, and a vision to provide high-value support services during car ownership. It operates in two segments: Retail and Wholesale, of which the majority of its revenue comes from Retail.
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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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