New Horizon Aircraft (New Horizon Aircraft) Selling, General, & Admin. Expense : $ Mil (TTM As of May. 2023)

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What is New Horizon Aircraft Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. New Horizon Aircraft's selling, general, & admin. expense for the six months ended in May. 2023 was $0.26 Mil. New Horizon Aircraft does not have enough years/quarters to calculate its selling, general, & admin. expense for the trailing twelve months (TTM) ended in May. 2023.

New Horizon Aircraft Selling, General, & Admin. Expense Historical Data

The historical data trend for New Horizon Aircraft'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.

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New Horizon Aircraft Selling, General, & Admin. Expense Chart

New Horizon Aircraft Annual Data

Trend

May22

May23

Selling, General, & Admin. Expense

0.39

0.26

New Horizon Aircraft Semi-Annual Data
	May22	May23
Selling, General, & Admin. Expense	0.39	0.26

Competitive Comparison of New Horizon Aircraft's Selling, General, & Admin. Expense

For the Aerospace & Defense subindustry, New Horizon Aircraft'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.

New Horizon Aircraft's Selling, General, & Admin. Expense Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's Selling, General, & Admin. Expense distribution charts can be found below:

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

New Horizon Aircraft 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.

New Horizon Aircraft (NAS:HOVR) 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.

New Horizon Aircraft Selling, General, & Admin. Expense Related Terms

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New Horizon Aircraft (New Horizon Aircraft) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » Selling, General, & Admin. Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3187 Highway 35, Lindsay, ON, CAN, K9V 4R1

Website

New Horizon Aircraft Ltd is an advanced aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its unique aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, Floods and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.

New Horizon Aircraft (New Horizon Aircraft) Headlines

From GuruFocus

Horizon Aircraft Provides Corporate Update

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