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Gourmet Master Co (TPE:2723) Selling, General, & Admin. Expense : NT$10,598 Mil (TTM As of Mar. 2024)


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What is Gourmet Master Co Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Gourmet Master Co's selling, general, & admin. expense for the three months ended in Mar. 2024 was NT$2,459 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$10,598 Mil.


Gourmet Master Co Selling, General, & Admin. Expense Historical Data

The historical data trend for Gourmet Master Co'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.

Gourmet Master Co Selling, General, & Admin. Expense Chart

Gourmet Master Co 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 12,077.77 10,068.02 10,309.19 10,447.47 10,826.06

Gourmet Master Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 2,687.30 2,677.73 2,717.64 2,743.39 2,458.95

Competitive Comparison of Gourmet Master Co's Selling, General, & Admin. Expense

For the Restaurants subindustry, Gourmet Master Co'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.


Gourmet Master Co's Selling, General, & Admin. Expense Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Gourmet Master Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Gourmet Master Co's Selling, General, & Admin. Expense falls into.



Gourmet Master Co 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 NT$10,598 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.


Gourmet Master Co  (TPE:2723) 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.


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Gourmet Master Co (TPE:2723) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, 23rd, Nantun District, Taichung, TWN
Gourmet Master Co Ltd operates a chain of cafe stores under the brand 85 Degrees Daily Cafe. Its branch footprints spread across the urban areas of Taiwan, Mainland China, and Hong Kong. The company also owns a few stores in the United States and Australia. The company is mainly engaged in the production and distribution of beverages, including coffee, tea, milk tea, and cold drinks, as well as bakery products such as cakes, bread, and Western-style desserts. Gourmet Master also engages in the retailing of packaged desserts, instant coffee, imported coffee beans, and gift boxes, as well as wholesale bakery machinery.

Gourmet Master Co (TPE:2723) Headlines

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