SG&A Efficiency Analysis: Comparing Taiwan Semiconductor Manufacturing Company Limited and Cognizant Technology Solutions Corporation

SG&A Efficiency: TSMC vs. Cognizant

__timestampCognizant Technology Solutions CorporationTaiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 2014203702100024020800000
Thursday, January 1, 2015250860000022921900000
Friday, January 1, 2016273100000025696400000
Sunday, January 1, 2017276900000027169200000
Monday, January 1, 2018302600000026253700000
Tuesday, January 1, 2019297200000028085800000
Wednesday, January 1, 2020310000000035570400000
Friday, January 1, 2021350300000044488200000
Saturday, January 1, 2022344300000063445300000
Sunday, January 1, 2023325200000071464000000
Monday, January 1, 2024322300000096889000000
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Unleashing the power of data

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of global technology, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Cognizant Technology Solutions Corporation, two titans in their respective fields, offer a fascinating study in contrasts.

A Decade of Trends

From 2014 to 2023, TSMC's SG&A expenses surged by approximately 198%, reflecting its aggressive expansion and market dominance. In contrast, Cognizant's expenses grew by about 60%, indicating a more measured approach. Notably, TSMC's expenses in 2023 were over 20 times higher than Cognizant's, underscoring its massive scale.

Missing Data Insights

While Cognizant's data for 2024 is missing, TSMC's continued growth trajectory is evident, with a projected increase of 32% from 2023. This analysis highlights the strategic differences in managing operational costs between these industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025