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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (4145)3/28/2016 12:54:23 PM
From: bruwin  Respond to of 7259
 
Yes, that may be so, but according to the definition and content of SG&A we see in ...

en.wikipedia.org

... we have expenses related to :-

Selling: The sum of all direct and indirect selling expenses, which includes salaries (excluding those related to the production itself which are cost of goods sold), advertising expenses, rent, and all expenses and taxes related to selling product;

General: General operating expenses and taxes that are directly related to the general operation of the company, but do not relate to the other two categories;

Administration: Executive salaries and general support and all associated taxes related to the overall administration of the company.

Based on the bold items, I'm just surprised that there was such a dramatic relatively large fall of those types of expenses over only 3 months.

I would have thought that the expense reductions they referred to may have been inserted as "once off" items rather than a reduction in SG&A ...