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Close Brothers Group (Close Brothers Group) Selling, General, & Admin. Expense : $306 Mil (TTM As of Jan. 2024)


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What is Close Brothers Group Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Close Brothers Group's selling, general, & admin. expense for the six months ended in Jan. 2024 was $425 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jan. 2024 was $306 Mil.


Close Brothers Group Selling, General, & Admin. Expense Historical Data

The historical data trend for Close Brothers Group'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.

Close Brothers Group Selling, General, & Admin. Expense Chart

Close Brothers Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 216.07 212.58 243.92 234.77 266.50

Close Brothers Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Selling, General, & Admin. 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 397.70 -117.15 366.59 -119.46 425.29

Competitive Comparison of Close Brothers Group's Selling, General, & Admin. Expense

For the Banks - Regional subindustry, Close Brothers Group'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.


Close Brothers Group's Selling, General, & Admin. Expense Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Close Brothers Group's Selling, General, & Admin. Expense distribution charts can be found below:

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



Close Brothers Group 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $306 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.


Close Brothers Group  (OTCPK:CBGPF) 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.


Close Brothers Group Selling, General, & Admin. Expense Related Terms

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Close Brothers Group (Close Brothers Group) Business Description

Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.

Close Brothers Group (Close Brothers Group) Headlines

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