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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. McRae Industries's selling, general, & admin. expense for the
six
months ended in Jul. 2023 was $23.6 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jul. 2023 was $23.6 Mil.
McRae Industries (OTCPK:MCRAA) 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.
McRae Industries Selling, General, & Admin. Expense Related Terms
McRae Industries Selling, General, & Admin. Expense Historical Data
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The historical data trend for McRae Industries'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.
McRae Industries Selling, General, & Admin. Expense Chart
MCRAA vs RCKY, DBI, VRA: Selling, General, & Admin. Expense Comparison
For the Footwear & Accessories subindustry, McRae Industries'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.
McRae Industries Selling, General, & Admin. Expense vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, McRae Industries's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where McRae Industries's Selling, General, & Admin. Expense falls into.
McRae Industries 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.
For stock reported annually, GuruFocus uses latest annual data as the TTM data. Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jul. 2023 was $23.6 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 $23.6 Mil mean?
McRae Industries (MCRAA) has a Selling, General, & Admin. Expense of $23.6 Mil as of Jul. 2023. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on McRae Industries and its competitors.
Is McRae Industries' Selling, General, & Admin. Expense too high?
McRae Industries' current Selling, General, & Admin. Expense is $23.6 Mil. Overall, McRae Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does McRae Industries' Selling, General, & Admin. Expense compare to RCKY and DBI?
McRae Industries' Selling, General, & Admin. Expense of $23.6 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Selling, General, & Admin. Expense depends on the Manufacturing - Apparel & Accessories 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 McRae Industries and its competitors. McRae Industries's current Selling, General, & Admin. Expense is $23.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McRae Industries stock overvalued right now?
McRae Industries (MCRAA) has a current Selling, General, & Admin. Expense of $23.6 Mil. The current Selling, General, & Admin. Expense is $23.6 Mil. McRae Industries' overall GF Score™ is 12/100. 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 McRae Industries (MCRAA), the current Selling, General, & Admin. Expense is $23.6 Mil as of Jul. 2023. 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.
McRae Industries Inc operates in the footwear industry. It is engaged in the manufacturing, sales, and distribution of boot products targeted to the western lifestyle and work boot markets. The company also manufactures military combat boots for the U.S. Government and operates other smaller businesses. It has a wholly owned subsidiary that designs, markets, and distributes men's, women's, and children's footwear under the following brands: Dan Post, Laredo Western Boots, Dingo, and McRae Footwear.
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