SG&A spending benchmarks within the Financials sector

 
LIBERTYVILLE, Ill. - March 8, 2017 - PRLog -- Schonfeld & Associates, a publisher of business information products for over 30 years, has just released an updated report for the financials sector within itsSG&A BENCHMARKS series for use as a convenient source of information for professional managers seeking benchmark information on the Selling, General & Administrative spending practices of major public corporations. Metrics for major public companies provide important insight for other firms within the sector. These reports will benefit anyone seeking competitive benchmark intelligence including: corporate staff, financial analysts, investment professionals, lenders, M&A advisors, appraisers and industry consultants.

SG&A expenses are all the direct and indirect selling expenses and all general and administrative expenses. SG&A expense includes advertising expense, commissions, engineering expense, marketing expense, selling expense including salaries of the salesforce, employee benefit expenses, R&D expenses, software expense, administrative office expense and other expenses related to sales but not included in cost of goods sold. SG&A expenses are also called Operating Expenses. Frequently, SG&A to Sales ratios are used to judge efficiency of management spending.

Benchmarks for SG&A spending are hard to find. Averages might be available but cover too broad a field to be useful. SG&A BENCHMARKS is produced for specific industry sectors. The newly released report of the series covering the Financials sector is comprised of six industries. The sector summary chart provides a side by side comparison of 10%ile, median, and 90%ile values for each industry within the sector. For each industry within the sector, individual companies are listed with their 2016 SG&A to Sales percentage and growth rates in sales and spending for 2016. For use in setting and evaluating budgets, estimates are given for 2017 SG&A to Sales percentage and expected growth in sales and spending. To allow for easy identification of relative performance within each industry, individual companies are grouped by size based on sales. The firms are presented in three groups as defined by sales of less than $100 million, sales between $100 million and $1 billion, and sales of more than $1 billion. Since location and annual sales may be of interest, total 2016 sales and headquarters city is listed.

SG&A BENCHMARKS - FINANCIALS SECTOR from Schonfeld & Associates provides SG&A spending information for 680 publicly traded companies in six industries. Of these companies, 9% are non-U.S. headquartered. The tables for each individual industry present both 2016 and 2017 SG&A as a percentage of sales and the annual percentage growth rate in SG&A spending as well as in sales for each company within the industry. Comparing the growth rate of SG&A expenses and sales gives a snapshot of where the profitability of the firm may be heading.

Two sets of industry tabulations are presented. Alphabetical order by company name aids in locating a firm. Order by SG&A to Sales ratio showcases the 'leaner and meaner' firms in each industry.

For information on SG&A Expense as a Percentage of Sales by Industry Sector, visit http://saibooks.com/index.php?option=com_content&view=article&id=64&Itemid=61Links are on that page to the individual sector reports currently available with a table of contents and sample page from each report.

TABLE OF CONTENTS - SG&A BENCHMARKS - FINANCIALS SECTOR

       Sector summary

       Industry tabulations for the following industries:

       Banks
       Thrifts & Mortgage Finance
       Diversified Financial Services
       Consumer Finance
       Capital Markets
       Insurance

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Carol J Greenhut
***@saibooks.com
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Tags:SG&A spending, SG&A benchmarks, Sg&a To Sales Ratio
Industry:Financial
Location:Libertyville - Illinois - United States
Subject:Reports
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