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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Banco de Venezuela's selling, general, & admin. expense for the
six
months ended in Dec. 2013 was VES1,555 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2013 was VES2,759 Mil.
Banco de Venezuela (CAR:BVL) 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.
Banco de Venezuela Selling, General, & Admin. Expense Related Terms
Banco de Venezuela Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Banco de Venezuela'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.
Banco de Venezuela Selling, General, & Admin. Expense Chart
CAR:BVL vs ARST: Selling, General, & Admin. Expense Comparison
For the Banks - Regional subindustry, Banco de Venezuela'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.
Banco de Venezuela Selling, General, & Admin. Expense vs Banks Industry
For the Banks industry and Financial Services sector, Banco de Venezuela's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Banco de Venezuela's Selling, General, & Admin. Expense falls into.
Banco de Venezuela 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. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was VES2,759 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 Selling, General, & Admin. Expense of VES2,759 Mil mean?
Banco de Venezuela (CAR:BVL) has a Selling, General, & Admin. Expense of VES2,759 Mil as of Dec. 2013. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Banco de Venezuela and its competitors.
Is Banco de Venezuela's Selling, General, & Admin. Expense too high?
Banco de Venezuela's current Selling, General, & Admin. Expense is VES2,759 Mil.
How does Banco de Venezuela's Selling, General, & Admin. Expense compare to ARST?
Banco de Venezuela's Selling, General, & Admin. Expense of VES2,759 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Banks company?
A good Selling, General, & Admin. Expense depends on the Banks industry context. However, Selling, General, & Admin. 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Banco de Venezuela and its competitors. Banco de Venezuela's current Selling, General, & Admin. Expense is VES2,759 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco de Venezuela stock overvalued right now?
Banco de Venezuela (CAR:BVL) has a current Selling, General, & Admin. Expense of VES2,759 Mil. The current Selling, General, & Admin. Expense is VES2,759 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Banco de Venezuela (CAR:BVL), the current Selling, General, & Admin. Expense is VES2,759 Mil as of Dec. 2013. 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.
Banco de Venezuela SA is engaged in financial intermediation services consisting of raising funds for the purpose of granting credit or loans, and other financial operations and services. The bank maintains currency and savings and foreign currency account which includes global accounts, paid global accounts, digital key accounts among others.
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