Taro Pharmaceutical Industries Ltd. or Travere Therapeutics, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Taro vs. Travere

__timestampTaro Pharmaceutical Industries Ltd.Travere Therapeutics, Inc.
Wednesday, January 1, 20149173300059644696
Thursday, January 1, 20158764400079541000
Friday, January 1, 20169236500098015000
Sunday, January 1, 201785656000103958000
Monday, January 1, 201888196000103654000
Tuesday, January 1, 201989971000128951000
Wednesday, January 1, 202093413000135799000
Friday, January 1, 202191355000149883000
Saturday, January 1, 2022113676000220206000
Sunday, January 1, 2023198366000265542000
Monday, January 1, 2024218935000
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Unveiling the hidden dimensions of data

SG&A Cost Management: A Tale of Two Companies

In the competitive pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Taro Pharmaceutical Industries Ltd. and Travere Therapeutics, Inc. have shown contrasting trends in their SG&A cost management from 2014 to 2023.

Taro has maintained a relatively stable SG&A expense, with a notable increase of approximately 138% from 2014 to 2023. In contrast, Travere's SG&A expenses surged by around 345% over the same period, indicating a more aggressive expansion strategy.

While Taro's expenses peaked in 2024, Travere's data for 2024 is missing, leaving room for speculation. This comparison highlights the strategic differences in cost management between the two companies, offering valuable insights for investors and industry analysts.

Understanding these trends can provide a competitive edge in making informed investment decisions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025