In this paper, an attempt is made to explain the surface texture of Selective Laser Melting (SLM) parts more satisfyingly than the existing methods. Investigations were carried out on the 316L stainless steel SLM samples. To account for most of the surface conditions, a truncheon artefact was employed for the analysis. A Stylus Profilometer was employed as a metrology tool for obtaining the 3D surface measurements. A methodology is proposed to extract and characterize the topographic features of Additive Manufactured (AM) surfaces. Here, the overall roughness of the surface is segregated into the roughness of the powder particles and the waviness due to thermal and the "staircase" effects. Analyzing these features individually results in an increased understanding of the AM process and an opportunity to optimize machine settings.