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1606 (CBDW) Selling, General, & Admin. Expense : $1.99 Mil (TTM As of Mar. 2024)


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What is 1606 Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. 1606's selling, general, & admin. expense for the three months ended in Mar. 2024 was $0.58 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $1.99 Mil.


1606 Selling, General, & Admin. Expense Historical Data

The historical data trend for 1606'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.

1606 Selling, General, & Admin. Expense Chart

1606 Annual Data
Trend Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
0.31 0.54 1.71

1606 Quarterly Data
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 0.29 0.47 0.52 0.43 0.58

Competitive Comparison of 1606's Selling, General, & Admin. Expense

For the Tobacco subindustry, 1606'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.


1606's Selling, General, & Admin. Expense Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, 1606's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where 1606's Selling, General, & Admin. Expense falls into.



1606 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 $1.99 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.


1606  (OTCPK:CBDW) 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.


1606 Selling, General, & Admin. Expense Related Terms

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1606 (CBDW) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2425 E. Camelback Road, Suite 150, Phoenix, AZ, USA, 85016
Website
1606 Corp offers nicotine-free and tobacco-free alternatives to traditional cigarettes and vaping products. Its products are manufactured with a blend of all-natural ingredients to provide smokers aged 21+ an alternative to traditional cigarettes that do not contain nicotine or tobacco and promote health benefits such as pain management, reduced anxiety, and enhance wakefulness. Smokable hemp is a Company Product That is an alternative for customers that currently smoke or want to quit smoking nicotine.