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Heriot REIT (JSE:HET) Selling, General, & Admin. Expense : R61.3 Mil (TTM As of Dec. 2023)


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What is Heriot REIT Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Heriot REIT's selling, general, & admin. expense for the six months ended in Dec. 2023 was R41.3 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was R61.3 Mil.


Heriot REIT Selling, General, & Admin. Expense Historical Data

The historical data trend for Heriot REIT'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.

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Heriot REIT Selling, General, & Admin. Expense Chart

Heriot REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 33.54 39.17 40.62 48.10 46.71

Heriot REIT Semi-Annual Data
Nov17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.57 25.53 26.71 20.00 41.33

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

For the REIT - Diversified subindustry, Heriot REIT'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.


Heriot REIT's Selling, General, & Admin. Expense Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Heriot REIT's Selling, General, & Admin. Expense distribution charts can be found below:

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



Heriot REIT 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R61.3 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.


Heriot REIT  (JSE:HET) 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.


Heriot REIT Selling, General, & Admin. Expense Related Terms

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Heriot REIT (JSE:HET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Heriot REIT Ltd (JSE:HET) » Definitions » Selling, General, & Admin. Expense
Traded in Other Exchanges
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Address
3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196
Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

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