SG&A Efficiency Analysis: Comparing Cognizant Technology Solutions Corporation and Wipro Limited

SG&A Efficiency: Cognizant vs. Wipro's Strategic Financial Management

__timestampCognizant Technology Solutions CorporationWipro Limited
Wednesday, January 1, 2014203702100054144000000
Thursday, January 1, 2015250860000059142000000
Friday, January 1, 2016273100000064514000000
Sunday, January 1, 2017276900000076490000000
Monday, January 1, 2018302600000080461000000
Tuesday, January 1, 2019297200000072730000000
Wednesday, January 1, 2020310000000076086000000
Friday, January 1, 2021350300000093805000000
Saturday, January 1, 20223443000000114803000000
Sunday, January 1, 20233252000000119755000000
Monday, January 1, 20243223000000127509000000
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Unlocking the unknown

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of global technology services, Cognizant Technology Solutions Corporation and Wipro Limited stand as titans. Over the past decade, their Selling, General, and Administrative (SG&A) expenses have painted a vivid picture of strategic financial management. From 2014 to 2023, Cognizant's SG&A expenses have shown a steady increase, peaking in 2021 with a 72% rise from 2014. Meanwhile, Wipro's expenses have surged by over 120% during the same period, reflecting its aggressive expansion strategy. Notably, 2023 data reveals a significant gap, with Wipro's expenses nearly 37 times higher than Cognizant's. This disparity underscores differing operational scales and market strategies. However, the absence of Cognizant's 2024 data leaves room for speculation on its future trajectory. As these companies navigate the complexities of the tech industry, their SG&A efficiency remains a critical indicator of their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025