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Banco Nacional de Credito CA (CAR:BNC) Selling, General, & Admin. Expense : VES539 Mil (TTM As of Dec. 2022)


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What is Banco Nacional de Credito CA Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Banco Nacional de Credito CA's selling, general, & admin. expense for the six months ended in Dec. 2022 was VES230 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2022 was VES539 Mil.


Banco Nacional de Credito CA Selling, General, & Admin. Expense Historical Data

The historical data trend for Banco Nacional de Credito CA'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.

Banco Nacional de Credito CA Selling, General, & Admin. Expense Chart

Banco Nacional de Credito CA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.91 72.58 282.95 539.02 744.93

Banco Nacional de Credito CA Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 160.11 122.80 309.11 229.91 -

Competitive Comparison of Banco Nacional de Credito CA's Selling, General, & Admin. Expense

For the Banks - Regional subindustry, Banco Nacional de Credito CA'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.


Banco Nacional de Credito CA's Selling, General, & Admin. Expense Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Nacional de Credito CA's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Banco Nacional de Credito CA's Selling, General, & Admin. Expense falls into.



Banco Nacional de Credito CA 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was VES539 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.


Banco Nacional de Credito CA  (CAR:BNC) 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.


Banco Nacional de Credito CA Selling, General, & Admin. Expense Related Terms

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Banco Nacional de Credito CA (CAR:BNC) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Vollmer, Torre Sur del Centro Empresarial Caracas, Urbanizacion, San Bernardino, VEN, 1010
Banco Nacional de Credito CA operates as a commercial bank in Venezuela. The group's business objective is to provide financial intermediation which consists of the procurement of funds for the purpose of granting credits and it also invests in securities.

Banco Nacional de Credito CA (CAR:BNC) Headlines

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