CIC Insurance Group (NAI:CIC) Selling, General, & Admin. Expense : KES717 Mil (TTM As of Dec. 2022)

CIC Insurance Group Selling, General, & Admin. Expense Chart

CIC Insurance Group Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Selling, General, & Admin. Expense		Get a 7-Day Free Trial					467.46	440.66	556.24	595.61	716.89

CIC Insurance Group Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Selling, General, & Admin. Expense	Get a 7-Day Free Trial							467.46	440.66	556.24	595.61	716.89

Competitive Comparison of CIC Insurance Group's Selling, General, & Admin. Expense

For the Insurance - Diversified subindustry, CIC Insurance 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.

CIC Insurance Group's Selling, General, & Admin. Expense Distribution in the Insurance Industry

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

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

CIC Insurance 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.

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 Dec. 2022 was KES717 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.

CIC Insurance Group  (NAI:CIC) 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.

CIC Insurance Group Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of CIC Insurance Group's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.

CIC Insurance Group (NAI:CIC) Business Description