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Afterpay (Afterpay) Selling, General, & Admin. Expense : $306.5 Mil (TTM As of Jun. 2021)


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

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Afterpay's selling, general, & admin. expense for the six months ended in Jun. 2021 was $180.0 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2021 was $306.5 Mil.


Afterpay Selling, General, & Admin. Expense Historical Data

The historical data trend for Afterpay'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.

Afterpay Selling, General, & Admin. Expense Chart

Afterpay Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21
Selling, General, & Admin. Expense
7.53 37.82 85.59 145.30 308.40

Afterpay Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only 49.44 65.18 79.99 126.43 180.03

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

For the Software - Infrastructure subindustry, Afterpay'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.


Afterpay's Selling, General, & Admin. Expense Distribution in the Software Industry

For the Software industry and Technology sector, Afterpay's Selling, General, & Admin. Expense distribution charts can be found below:

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



Afterpay 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 Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $306.5 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.


Afterpay  (OTCPK:AFTPY) 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.


Afterpay Selling, General, & Admin. Expense Related Terms

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Afterpay (Afterpay) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Afterpay Ltd (OTCPK:AFTPY) » Definitions » Selling, General, & Admin. Expense
Traded in Other Exchanges
N/A
Address
406 Collins Street, Level 5, Melbourne, VIC, AUS, 3000
Afterpay started its buy now, pay later, or BNPL, financing product in calendar 2015, listed on the ASX in May 2016 and merged with Touchcorp (who designed and built Afterpay's platform software) in June 2017. Its BNPL platform allows consumers to make acquisitions at merchant partners by paying instalments every two weeks. If consumers pay on time, they transact on Afterpay for free. Afterpay primarily generates revenue from receiving a margin from the merchant. Afterpay pays the merchant the full purchase price immediately on the sale, less this margin. The margin compensates Afterpay for accepting all non-payment risk, including credit risk and fraud by the consumer, and for encouraging consumers to purchase greater dollar values and transact more frequently.