Grenke AG (Grenke AG) Other Operating Expense : $122.8 Mil (TTM As of Dec. 2023)

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What is Grenke AG Other Operating Expense?

Grenke AG's Other Operating Expense for the three months ended in Dec. 2023 was $54.4 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $122.8 Mil.

Grenke AG's quarterly Other Operating Expense increased from Jun. 2023 ($10.3 Mil) to Sep. 2023 ($46.7 Mil) and increased from Sep. 2023 ($46.7 Mil) to Dec. 2023 ($54.4 Mil).

Grenke AG's annual Other Operating Expense increased from Dec. 2021 ($185.0 Mil) to Dec. 2022 ($227.6 Mil) but then declined from Dec. 2022 ($227.6 Mil) to Dec. 2023 ($177.5 Mil).

Grenke AG Other Operating Expense Historical Data

The historical data trend for Grenke AG'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.

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Grenke AG Other Operating Expense Chart

Grenke AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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58.64

66.79

185.02

227.60

177.49

Grenke AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															136.46	11.34	10.32	46.71	54.45

Grenke AG 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $122.8 Mil.

Grenke AG Other Operating Expense Related Terms

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Grenke AG (Grenke AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Grenke AG (OTCPK:GKSGF) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

0R97:UK GLJ:Germany

Address

Neuer Markt 2, Baden-Baden, DEU, 76532

Website

https://www.grenke.de

Grenke AG is a financial-services company that, under a franchise model, provides operational infrastructure, the licensing of the group's name to contracted parties, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include Leasing, Banking, and Factoring. The Leasing segment produces the most revenue. GRENKE Bank's actions compose the banking segment, primarily including acting as the financing partner for SMEs. The Factoring segment includes mainly small-ticket factoring services. The company operates primarily in Europe, with the most revenue coming from Ireland and Germany.