Sandvik AB (Sandvik AB) Other Operating Expense : $56 Mil (TTM As of Mar. 2024)

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What is Sandvik AB Other Operating Expense?

Sandvik AB's Other Operating Expense for the three months ended in Mar. 2024 was $40 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $56 Mil.

Sandvik AB's quarterly Other Operating Expense declined from Sep. 2023 ($9 Mil) to Dec. 2023 ($-1 Mil) but then increased from Dec. 2023 ($-1 Mil) to Mar. 2024 ($40 Mil).

Sandvik AB's annual Other Operating Expense declined from Dec. 2021 ($18 Mil) to Dec. 2022 ($-38 Mil) but then increased from Dec. 2022 ($-38 Mil) to Dec. 2023 ($-7 Mil).

Sandvik AB Other Operating Expense Historical Data

The historical data trend for Sandvik AB's Other Operating 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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Sandvik AB Other Operating Expense Chart

Sandvik AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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0.95

24.15

18.15

-38.25

-6.92

Sandvik AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															27.30	8.36	9.38	-0.97	39.57

Sandvik AB Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating 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 $56 Mil.

Sandvik AB Other Operating Expense Related Terms

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Sandvik AB (Sandvik AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sandvik AB (OTCPK:SDVKY) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

SDVKF:USA SAND:Sweden SAND:Mexico SANDs:UK 0HC0:UK SVKB:Germany

Address

Kungsbron 1, Section G, Floor 6, Stockholm, SWE, 111 22

Website

https://www.sandvik.com

Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The company's core operations are in metal cutting and mining equipment. The company has a well-documented history, having been founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.Europe is the largest contributor to group sales at 27%, followed by North America 25%, Asia 19%, Australia 12%, Africa/Middle East 11%, and South America 6%.