What does SGM mean in Accounting?
This page is about the meanings of the acronym/abbreviation/shorthand SGM in the Business field in general and in the Accounting terminology in particular.
Translation
Find a translation for Standard Gross Margin in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Definition
What does SGM mean?
- Standard gross margin
- Standard gross margins or SGMs enable the classification of farms according to the type of enterprises on the farm and their relative contribution to overall profitability. The SGM provides a measure of a holding's business size, irrespective of its area and intensity of production. SGMs are calculated per unit area of crops and head of livestock, using standardized SGM coefficients for each type of crop and livestock. Different SGM coefficients are calculated for different geographical regions to allow for differences in profit. SGMs are representative of the level of profit that could be expected on the average farm under "normal" conditions (i.e. no disease outbreaks or adverse weather). Eurostat uses SGMs for collating European Union farm statistics. In the UK, the UK government's June census for agriculture also applies this classification. As the system of classifying business size was developed for use within the EU statistical network, SGMs are measured in euros and presented in size ranges, which relate to European size units (ESU). The resulting figures per hectare of crop and per head of livestock are then totaled for the whole farm. Sizes of holdings are defined, for example, in the UK, as:
Popularity rank by frequency of use
How popular is SGM among other acronyms?
SGM#1#4401#12977
Embed
Citation
Use the citation below to add this abbreviation to your bibliography:
Style:MLAChicagoAPA
"SGM." Abbreviations.com. STANDS4 LLC, 2024. Web. 21 May 2024. <https://www.abbreviations.com/term/127144>.
Discuss this SGM abbreviation with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In