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

TSMC vs. Workday: SG&A Cost Management Showdown

__timestampTaiwan Semiconductor Manufacturing Company LimitedWorkday, Inc.
Wednesday, January 1, 201424020800000263294000
Thursday, January 1, 201522921900000421891000
Friday, January 1, 201625696400000582634000
Sunday, January 1, 201727169200000781996000
Monday, January 1, 201826253700000906276000
Tuesday, January 1, 2019280858000001238682000
Wednesday, January 1, 2020355704000001514272000
Friday, January 1, 2021444882000001647241000
Saturday, January 1, 2022634453000001947933000
Sunday, January 1, 2023714640000002452180000
Monday, January 1, 2024968890000002841000000
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Unleashing insights

SG&A Cost Management: A Tale of Two Companies

In the competitive landscape of global technology, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Workday, Inc. offer a fascinating study in contrasts. Over the past decade, TSMC's SG&A expenses have surged by approximately 300%, reflecting its expansive growth strategy. In 2023, TSMC's SG&A costs reached nearly 10 times that of Workday, highlighting its massive scale. Meanwhile, Workday, Inc. has maintained a more modest increase of around 980% since 2014, showcasing its disciplined cost management amidst rapid growth. This comparison underscores the different strategic approaches: TSMC's focus on scaling operations versus Workday's emphasis on efficient growth. As the tech industry evolves, these strategies will continue to shape their financial landscapes, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025