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Tier REIT (Tier REIT) Selling, General, & Admin. Expense : $25.2 Mil (TTM As of Mar. 2019)


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What is Tier REIT Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Tier REIT's selling, general, & admin. expense for the three months ended in Mar. 2019 was $8.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2019 was $25.2 Mil.


Tier REIT Selling, General, & Admin. Expense Historical Data

The historical data trend for Tier REIT'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.

Tier REIT Selling, General, & Admin. Expense Chart

Tier REIT Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 19.06 44.94 23.65 21.45 21.79

Tier REIT Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 5.50 5.38 5.13 5.78 8.95

Competitive Comparison of Tier REIT's Selling, General, & Admin. Expense

For the REIT - Office subindustry, Tier REIT'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.


Tier REIT's Selling, General, & Admin. Expense Distribution in the REITs Industry

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

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



Tier REIT 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.2 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.


Tier REIT  (NYSE:TIER) 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.


Tier REIT Selling, General, & Admin. Expense Related Terms

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Tier REIT (Tier REIT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tier REIT Inc (NYSE:TIER) » Definitions » Selling, General, & Admin. Expense
Traded in Other Exchanges
N/A
Address
5950 Sherry Lane, Suite 700, Dallas, TX, USA, 75225
Tier REIT Inc is a Dallas-based real estate investment trust. Its current business consists of owning, acquiring, developing, operating, investing in, and disposing of real estate assets. The company owns interests in nearly 29 operating office properties, one non-operating property, and one development property located in thirteen markets throughout the United States. Its property portfolio comprises 500 East Pratt, 5950 Sherry Lane, Bank of America Plaza, Centreport Office Center, Eldridge Place, among others.
Executives
Scott W Fordham director, officer: Chief Executive Officer 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Christie B. Kelly director 600 E. 96TH ST., #100, INDIANAPOLIS IN 46240
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Richard I Gilchrist director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Thomas M Herzog director 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
M Jason Mattox director 1323 NORTH STEMMONS FREEWAY SUITE 200, DALLAS TX 75207
Thomas P Simon officer: Senior Vice President/Finance 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Michael A Ernst officer: Chief Financial Officer 5914 NORWAY RD, DALLAS TX 75230
Thomas F August officer: Chief Operating Officer 6214 PARK LANE, DALLAS TX 75225
Reihsen Gerald J Iii officer: Executive VP - Corporate, other: Develop. & Legal and Secretary 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254

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