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Vestis (Vestis) Selling, General, & Admin. Expense : $513 Mil (TTM As of Mar. 2024)


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

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Vestis's selling, general, & admin. expense for the three months ended in Mar. 2024 was $123 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $513 Mil.


Vestis Selling, General, & Admin. Expense Historical Data

The historical data trend for Vestis'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.

Vestis Selling, General, & Admin. Expense Chart

Vestis Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Selling, General, & Admin. Expense
461.13 461.40 450.73 500.66

Vestis Quarterly Data
Sep20 Sep21 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 Premium Member Only 116.83 126.90 130.61 132.58 122.68

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

For the Rental & Leasing Services subindustry, Vestis'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.


Vestis's Selling, General, & Admin. Expense Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vestis's Selling, General, & Admin. Expense distribution charts can be found below:

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



Vestis 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 $513 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.


Vestis  (NYSE:VSTS) 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.


Vestis Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of Vestis's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Vestis (Vestis) Business Description

Industry
Traded in Other Exchanges
Address
500 Colonial Center Parkway, Suite 140, Roswell, GA, USA, 30076
Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.
Executives
Douglas A Pertz director 1801 BAYBERRY COURT, RICHMOND VA 23226
Ricky T Dillon officer: EVP and CFO ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Timothy R Donovan officer: EVP, CLO and General Counsel 1703 N. RANDALL ROAD, ELGIN IL 60123
Angela Kervin officer: EVP and Chief HR Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Kim Scott director, officer: President and CEO 150 PEABODY PL, MEMPHIS TN 38103
Lynn Mckee director
Williams Ena Koschel director 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Burke Richard L. Jr. director 90 FORT WADE ROAD, PONTE VEDRA FL 32081
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Mary Anne Whitney director 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Tracy C Jokinen director 5995 OPUS PARKWAY, SUITE 500, MINNETONKA MN 55343
Intermediate Holdco Aramark 10 percent owner 2400 MARKET STREET, PHILADELPHIA PA 19103
Christopher J Synek officer: Chief Operating Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Grant Shih officer: Chief Technology Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Ramark 10 percent owner 2400 MARKET STREET, PHILADELPHIA PA 19103