Taiwan Semiconductor Manufacturing Company Limited or Corpay, Inc.: Who Manages SG&A Costs Better?

TSMC vs. Corpay: SG&A Cost Management Showdown

__timestampCorpay, Inc.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201428149000024020800000
Thursday, January 1, 201540679000022921900000
Friday, January 1, 201645095300025696400000
Sunday, January 1, 201760326800027169200000
Monday, January 1, 201863114200026253700000
Tuesday, January 1, 201968351100028085800000
Wednesday, January 1, 202056741000035570400000
Friday, January 1, 202174794800044488200000
Saturday, January 1, 202289321700063445300000
Sunday, January 1, 202394358100071464000000
Monday, January 1, 202499778000096889000000
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Unleashing the power of data

Who Manages SG&A Costs Better: Taiwan Semiconductor vs. Corpay?

In the competitive world of global business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Corpay, Inc. have shown contrasting approaches. TSMC, a titan in the semiconductor industry, has seen its SG&A expenses grow by approximately 197%, reflecting its expansive growth strategy. In contrast, Corpay, a financial services firm, has managed a more modest increase of around 235% over the same period, indicating a tighter control over its operational costs.

While TSMC's expenses surged, particularly in 2022 and 2023, Corpay's expenses remained relatively stable, with a peak in 2023. This data suggests that while TSMC invests heavily in its operations, Corpay maintains a leaner approach. Missing data for 2024 indicates potential shifts in strategy or reporting. Understanding these trends is vital for investors and analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025