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Property For Industry (NZSE:PFI) Selling, General, & Admin. Expense : NZ$7.7 Mil (TTM As of Dec. 2023)


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What is Property For Industry Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Property For Industry's selling, general, & admin. expense for the six months ended in Dec. 2023 was NZ$2.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$7.7 Mil.


Property For Industry Selling, General, & Admin. Expense Historical Data

The historical data trend for Property For Industry'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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Property For Industry Selling, General, & Admin. Expense Chart

Property For Industry Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.89 4.73 6.05 6.46 7.65

Property For Industry Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.85 3.71 2.75 4.74 2.91

Competitive Comparison of Property For Industry's Selling, General, & Admin. Expense

For the REIT - Industrial subindustry, Property For Industry'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.


Property For Industry's Selling, General, & Admin. Expense Distribution in the REITs Industry

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

* The bar in red indicates where Property For Industry's Selling, General, & Admin. Expense falls into.



Property For Industry 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 NZ$7.7 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.


Property For Industry  (NZSE:PFI) 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.


Property For Industry Selling, General, & Admin. Expense Related Terms

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Property For Industry (NZSE:PFI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15 Galway Street, Level 4, Hayman Kronfeld Building, PO Box 1147, Auckland, NZL, 1140
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is primarily composed of industrial properties. The company's investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other major New Zealand cities. The company's major tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, and Ebos and DHL Supply Chain. Rental and management fee income represents nearly all of the group's operating revenue. Property For Industry is managed by PFIM, which appointed McDougall Reidy and Co. as its subcontractor to provide property and administrative management services.

Property For Industry (NZSE:PFI) Headlines