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GWG Holdings (GWG Holdings) Selling, General, & Admin. Expense : $107.33 Mil (TTM As of Sep. 2021)


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What is GWG Holdings Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. GWG Holdings's selling, general, & admin. expense for the three months ended in Sep. 2021 was $21.52 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2021 was $107.33 Mil.


GWG Holdings Selling, General, & Admin. Expense Historical Data

The historical data trend for GWG Holdings'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.

GWG Holdings Selling, General, & Admin. Expense Chart

GWG Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.73 29.20 31.28 52.58 187.48

GWG Holdings Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 41.61 42.52 23.15 20.14 21.52

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

For the Insurance - Life subindustry, GWG Holdings'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.


GWG Holdings's Selling, General, & Admin. Expense Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, GWG Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

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



GWG Holdings 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $107.33 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.


GWG Holdings  (OTCPK:GWGHQ) 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.


GWG Holdings Selling, General, & Admin. Expense Related Terms

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GWG Holdings (GWG Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
325 North St. Paul Street, Suite 2650, Dallas, TX, USA, 75201
GWG Holdings Inc is a financial service company engaged in life insurance and related business. Its reportable segments include Secondary Life Insurance and Investment in Beneficient. The Secondary Life Insurance segment seeks to earn non-correlated yield from a portfolio of life insurance policies. Its Investment in Beneficient segment consists of investment in the common units of the BEN LP. The company derives a majority of revenue from the Secondary Life Insurance segment.
Executives
Anthony R Horton director 12377 MERIT DRIVE, SUITE 1700, DALLAS TX 75251
Jeffrey Scott Stein director, officer: Chief Restructuring Officer 601 TRAVIS, SUITE 1400, HOUSTON TX 77002
John A. Stahl 10 percent owner 325 NORTH SAINT PAUL SUITE 4850 DALLAS TX 75201
David S Gruber director 325 N ST PAUL STREET STE 2650 DALLAS TX 75201
Daniel Phillip Fine director 325 N ST PAUL STREET STE 2650 DALLAS TX 75201
Roy W Bailey director 5956 SHERRY LANE SUITE 800 DALLAS TX 75225
Lennie Nicholson officer: General Counsel and Secretary 325 N. ST. PAUL STREET SUITE 2650 DALLAS TX 75201
Timothy L Evans officer: Chief Financial Officer 220 SOUTH SIXTH STREET SUITE 1200 MINNEAPOLIS MN 55402
Kathleen Mason director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
David Chavenson director 220 SOUTH SIXTH STREET SUITE 1200 MINNEAPOLIS MN 55402
Dennis P Lockhart director 100 GOLF ROAD, GOLF IL 60029
De Weese David H director 220 SOUTH 6TH STREET SUITE 1200 MINNEAPOLIS MN 55402
Cangany Peter T Jr director 220 SOUTH 6TH STREET, SUITE 1200, MINNEAPOLIS MN 55402
Bruce William Schnitzer director 489 FIFTH AVE., 21ST FLOOR, NEW YORK NY 10017
Thomas O Hicks director 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201

GWG Holdings (GWG Holdings) Headlines

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