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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Liquidity Services's selling, general, & admin. expense for the
three
months ended in Jun. 2026 was $27.8 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was $105.6 Mil.
Liquidity Services (NAS:LQDT) 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.
Liquidity Services Selling, General, & Admin. Expense Related Terms
Liquidity Services Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Liquidity Services'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.
Liquidity Services Selling, General, & Admin. Expense Chart
LQDT vs TDUP, JMIA, RVLV: Selling, General, & Admin. Expense Comparison
For the Internet Retail subindustry, Liquidity Services'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.
Liquidity Services Selling, General, & Admin. Expense vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Liquidity Services's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Liquidity Services's Selling, General, & Admin. Expense falls into.
Liquidity Services 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $105.6 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 $105.6 Mil mean?
Liquidity Services (LQDT) has a Selling, General, & Admin. Expense of $105.6 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Liquidity Services and its competitors.
Is Liquidity Services' Selling, General, & Admin. Expense too high?
Liquidity Services' current Selling, General, & Admin. Expense is $105.6 Mil. Overall, Liquidity Services has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liquidity Services' Selling, General, & Admin. Expense compare to TDUP and JMIA?
Liquidity Services' Selling, General, & Admin. Expense of $105.6 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Selling, General, & Admin. Expense depends on the Retail - Cyclical 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 Liquidity Services and its competitors. Liquidity Services's current Selling, General, & Admin. Expense is $105.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liquidity Services stock overvalued right now?
Based on GuruFocus' analysis, Liquidity Services (LQDT) is currently considered Significantly Overvalued. The stock's GF Value™ is $31.16, compared to a current price of $41.78 — trading 34.1% above its estimated fair value. The current Selling, General, & Admin. Expense is $105.6 Mil. Liquidity Services' overall GF Score™ is 70/100 with 7 warning signs to review. 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 Liquidity Services (LQDT), the current Selling, General, & Admin. Expense is $105.6 Mil as of Jun. 2026. 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.
Is Liquidity Services (LQDT) Overvalued in 2026?
Based on GuruFocus' analysis, Liquidity Services stock appears to be overvalued.
The current stock price of $41.78 is trading 34.1% above its estimated GF Value™ of $31.16.
GuruFocus considers Liquidity Services to be Significantly Overvalued.
Key valuation signals for LQDT:
Selling, General, & Admin. Expense: $105.6 Mil
GF Value™: $31.16 vs. price of $41.78 (34.1% above fair value)
No single metric tells the full story. See the LQDT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering across different product categories. The company has four reportable segments: GovDeals, Retail Supply Chain Group (RSCG), and Machinio & Software Solutions. It generates majority of its revenue from Retail Supply Chain Group (RSCG) segment which consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. Geographically, a substantial portion the company's revenue is generated from its business in United States.
70GF Score
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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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