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Parkit Enterprise (Parkit Enterprise) Selling, General, & Admin. Expense : $2.36 Mil (TTM As of Mar. 2024)


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What is Parkit Enterprise Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Parkit Enterprise's selling, general, & admin. expense for the three months ended in Mar. 2024 was $0.49 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $2.36 Mil.


Parkit Enterprise Selling, General, & Admin. Expense Historical Data

The historical data trend for Parkit Enterprise'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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Parkit Enterprise Selling, General, & Admin. Expense Chart

Parkit Enterprise Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.45 3.55 2.40 2.36

Parkit Enterprise Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.48 0.50 0.57 0.81 0.49

Competitive Comparison of Parkit Enterprise's Selling, General, & Admin. Expense

For the Real Estate Services subindustry, Parkit Enterprise'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.


Parkit Enterprise's Selling, General, & Admin. Expense Distribution in the Real Estate Industry

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

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



Parkit Enterprise 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.36 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.


Parkit Enterprise  (OTCPK:PKTEF) 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.


Parkit Enterprise Selling, General, & Admin. Expense Related Terms

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Parkit Enterprise (Parkit Enterprise) Business Description

Industry
Traded in Other Exchanges
Address
100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.

Parkit Enterprise (Parkit Enterprise) Headlines

From GuruFocus

Parkit Announces Completion of Sale of JV Asset

By PRNewswire PRNewswire 10-10-2018

Parkit Enterprise Releases 2018 Annual Results

By PRNewswire PRNewswire 03-01-2019

Parkit Announces Management Changes & Results of AGSM

By PRNewswire PRNewswire 08-21-2018

Parkit announces sale of JV asset

By PRNewswire PRNewswire 10-05-2018

Parkit Enterprise Releases Q1 2018 Results

By Marketwired Marketwired 03-29-2018

Parkit Announces Sale of JV Asset

By PRNewswire PRNewswire 08-15-2018

Parkit Enterprise Releases Q1 2018 Results

By GlobeNewswire GlobeNewswire 03-28-2018

Parkit Announces Management Changes

By PRNewswire PRNewswire 09-17-2019