TVCE (TVC Telecom) Selling, General, & Admin. Expense: $3.05 Mil (TTM As of Dec. 2003)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is TVC Telecom Selling, General, & Admin. Expense?

TVC Telecom TVCE Selling, General, & Admin. Expense is $3.05 Mil as of Dec. 2003.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. TVC Telecom's selling, general, & admin. expense for the three months ended in Dec. 2003 was $0.59 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2003 was $3.05 Mil.


TVC Telecom  (OTCPK:TVCE) 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.


TVC Telecom Selling, General, & Admin. Expense Related Terms


TVC Telecom Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for TVC Telecom'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.

TVC Telecom Selling, General, & Admin. Expense Chart

TVC Telecom Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 0.07 3.23 4.45 3.66 3.05

TVC Telecom Quarterly Data
Dec96 Dec97 Dec98 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 0.96 0.87 0.88 0.71 0.59

TVCE vs DIRV, FULO, TOWTF: Selling, General, & Admin. Expense Comparison

For the Telecom Services subindustry, TVC Telecom'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.


TVC Telecom Selling, General, & Admin. Expense vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TVC Telecom's Selling, General, & Admin. Expense distribution charts can be found below:

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



TVC Telecom 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. 2003 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.05 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.

What does a Selling, General, & Admin. Expense of $3.05 Mil mean?
TVC Telecom (TVCE) has a Selling, General, & Admin. Expense of $3.05 Mil as of Dec. 2003. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on TVC Telecom and its competitors.
Is TVC Telecom's Selling, General, & Admin. Expense too high?
TVC Telecom's current Selling, General, & Admin. Expense is $3.05 Mil.
How does TVC Telecom's Selling, General, & Admin. Expense compare to DIRV and FULO?
TVC Telecom's Selling, General, & Admin. Expense of $3.05 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Telecommunication Services company?
A good Selling, General, & Admin. Expense depends on the Telecommunication Services industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on TVC Telecom and its competitors. TVC Telecom's current Selling, General, & Admin. Expense is $3.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVC Telecom stock overvalued right now?
TVC Telecom (TVCE) has a current Selling, General, & Admin. Expense of $3.05 Mil. The current Selling, General, & Admin. Expense is $3.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For TVC Telecom (TVCE), the current Selling, General, & Admin. Expense is $3.05 Mil as of Dec. 2003. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TVC Telecom Business Description

Address 3550 Biscayne Boulevard, Suite 704, Miami, FL, USA, 33137
TVC Telecom Inc is a facilities-based telecommunications provider. The Company offers service to the business and consumer market segments with a particular focus on ethnic markets with a demand for international calling.