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Okmin Resources (Okmin Resources) Selling, General, & Admin. Expense : $0.34 Mil (TTM As of Dec. 2023)


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What is Okmin Resources Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Okmin Resources's selling, general, & admin. expense for the three months ended in Dec. 2023 was $0.09 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $0.34 Mil.


Okmin Resources Selling, General, & Admin. Expense Historical Data

The historical data trend for Okmin Resources'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.

Okmin Resources Selling, General, & Admin. Expense Chart

Okmin Resources Annual Data
Trend Jun21 Jun22 Jun23
Selling, General, & Admin. Expense
- 0.24 0.38

Okmin Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.07 0.08 0.11 0.09

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

For the Oil & Gas E&P subindustry, Okmin Resources'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.


Okmin Resources's Selling, General, & Admin. Expense Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Okmin Resources's Selling, General, & Admin. Expense distribution charts can be found below:

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



Okmin Resources 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.34 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.


Okmin Resources  (OTCPK:OKMN) 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.


Okmin Resources Selling, General, & Admin. Expense Related Terms

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Okmin Resources (Okmin Resources) Business Description

Industry
Traded in Other Exchanges
N/A
Address
16501 Ventura Boulevard, Suite 400, Encino, Los Angeles, CA, USA, 91436
Okmin Resources Inc is a natural resource exploration stage company that seeks to acquire, explore, and develop natural resource assets. It engages in the business of the acquisition, exploration, and development of mineral rights and natural resource assets. The company's projects are located in Oklahoma and Kansas. Its projects comprise Vitt Project Kansas; West Sheppard Pool Field in North East Oklahoma; and Pushmataha in South East Oklahoma.
Executives
Roy Mansano 10 percent owner 5343 OSTROM AVE., ENCINO CA 91316
Thomas Lapinski director 16501 VENTURA BLVD., SUITE 400, ENCINO CA 91436
Jonathan Herzog director, 10 percent owner, officer: President and CEO 16501 VENTURA BLVD., SUITE 400, ENCINO CA 91436

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