Cost Management Insights: SG&A Expenses for Teva Pharmaceutical Industries Limited and Dr. Reddy's Laboratories Limited

SG&A Expenses: A Decade of Divergence in Pharma Giants

__timestampDr. Reddy's Laboratories LimitedTeva Pharmaceutical Industries Limited
Wednesday, January 1, 2014387830000005078000000
Thursday, January 1, 2015425850000004717000000
Friday, January 1, 2016457020000005096000000
Sunday, January 1, 2017463720000004986000000
Monday, January 1, 2018469100000004214000000
Tuesday, January 1, 2019488900000003806000000
Wednesday, January 1, 2020501290000003671000000
Friday, January 1, 2021545590000003528000000
Saturday, January 1, 2022620810000003445000000
Sunday, January 1, 20231059310000003498000000
Monday, January 1, 2024772010000003702000000
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Cracking the code

Navigating SG&A Expenses in the Pharmaceutical Industry

In the competitive landscape of pharmaceuticals, effective cost management is crucial. Over the past decade, Dr. Reddy's Laboratories Limited and Teva Pharmaceutical Industries Limited have demonstrated contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Dr. Reddy's Laboratories saw a significant increase of approximately 173% in their SG&A expenses, peaking in 2023. In contrast, Teva's expenses showed a gradual decline, dropping by about 31% over the same period. This divergence highlights differing strategic approaches to cost management. Dr. Reddy's Laboratories' sharp rise in 2023 could indicate strategic investments or increased operational costs, while Teva's consistent reduction suggests a focus on efficiency and cost-cutting measures. Understanding these trends provides valuable insights into the financial strategies of these pharmaceutical giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025