Scentre Group (ASX:SCG) Other Operating Expense : A$104 Mil (TTM As of Dec. 2023)

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What is Scentre Group Other Operating Expense?

Scentre Group's Other Operating Expense for the six months ended in Dec. 2023 was A$44 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$104 Mil.

Scentre Group's quarterly Other Operating Expense increased from Dec. 2022 (A$59 Mil) to Jun. 2023 (A$60 Mil) but then declined from Jun. 2023 (A$60 Mil) to Dec. 2023 (A$44 Mil).

Scentre Group's annual Other Operating Expense declined from Dec. 2021 (A$165 Mil) to Dec. 2022 (A$114 Mil) and declined from Dec. 2022 (A$114 Mil) to Dec. 2023 (A$104 Mil).

Scentre Group Other Operating Expense Historical Data

The historical data trend for Scentre Group'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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Scentre Group Other Operating Expense Chart

Scentre Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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6.80

285.70

164.80

113.60

103.90

Scentre Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															206.10	54.80	58.80	60.20	43.70

Scentre Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$104 Mil.

Scentre Group Other Operating Expense Related Terms

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Scentre Group (ASX:SCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Scentre Group (ASX:SCG) » Definitions » Other Operating Expense

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STGPF:USA

Address

85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.scentregroup.com

Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.