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Priorityome Fund, (Priorityome Fund,) Selling, General, & Admin. Expense : $7.13 Mil (TTM As of Jun. 2023)


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What is Priorityome Fund, Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Priorityome Fund,'s selling, general, & admin. expense for the six months ended in Jun. 2023 was $7.13 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2023 was $7.13 Mil.


Priorityome Fund, Selling, General, & Admin. Expense Historical Data

The historical data trend for Priorityome Fund,'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.

* Premium members only.

Priorityome Fund, Selling, General, & Admin. Expense Chart

Priorityome Fund, Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 6.58 4.99 5.86 7.13

Priorityome Fund, Semi-Annual Data
Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.11 6.58 4.99 5.86 7.13

Competitive Comparison of Priorityome Fund,'s Selling, General, & Admin. Expense

For the Asset Management subindustry, Priorityome Fund,'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.


Priorityome Fund,'s Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Priorityome Fund,'s Selling, General, & Admin. Expense distribution charts can be found below:

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



Priorityome Fund, 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 Jun. 2023 was $7.13 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.


Priorityome Fund,  (GREY:PRIF) 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.


Priorityome Fund, Selling, General, & Admin. Expense Related Terms

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Priorityome Fund, (Priorityome Fund,) Business Description

Traded in Other Exchanges
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Priority Income Fund, Inc. is an externally managed, nondiversified, closed-end management investment company. Its investment objective is to generate current income, and as a secondary objective, long-term capital appreciation. The company invests in broad pools of senior secured, floating rate loans made primarily to U.S. companies. Its goal is to increase income and portfolio diversification and reduce correlation to traditional fixed-income assets.

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