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Advance Residence Investment (TSE:3269) Selling, General, & Admin. Expense : 円1,373 Mil (TTM As of Jan. 2023)


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What is Advance Residence Investment Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Advance Residence Investment's selling, general, & admin. expense for the six months ended in Jan. 2023 was 円1,361 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jan. 2023 was 円1,373 Mil.


Advance Residence Investment Selling, General, & Admin. Expense Historical Data

The historical data trend for Advance Residence Investment'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.

Advance Residence Investment Selling, General, & Admin. Expense Chart

Advance Residence Investment Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,428.21 2,496.19 2,528.06 2,627.41 2,614.56

Advance Residence Investment Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
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 1,310.42 1,326.23 1,342.00 1,361.31 1,372.65

Competitive Comparison of Advance Residence Investment's Selling, General, & Admin. Expense

For the REIT - Residential subindustry, Advance Residence Investment'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.


Advance Residence Investment's Selling, General, & Admin. Expense Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Advance Residence Investment's Selling, General, & Admin. Expense distribution charts can be found below:

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



Advance Residence Investment 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 Jan. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,373 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.


Advance Residence Investment  (TSE:3269) 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.


Advance Residence Investment Selling, General, & Admin. Expense Related Terms

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Advance Residence Investment (TSE:3269) Business Description

Traded in Other Exchanges
N/A
Address
3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054
Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

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