NV Bekaert (NV Bekaert) Research & Development : $61 Mil (TTM As of Dec. 2023)

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What is NV Bekaert Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. NV Bekaert's Research & Development for the six months ended in Dec. 2023 was $28 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $61 Mil.

NV Bekaert Research & Development Historical Data

The historical data trend for NV Bekaert's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NV Bekaert Research & Development Chart

NV Bekaert Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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78.59

63.70

67.27

66.01

61.71

NV Bekaert Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Research & Development	Get a 7-Day Free Trial															34.93	30.16	35.79	33.97	27.52

NV Bekaert Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $61 Mil.

NV Bekaert (OTCPK:BEKAY) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

NV Bekaert Research & Development Related Terms

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NV Bekaert (NV Bekaert) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NV Bekaert SA (OTCPK:BEKAY) » Definitions » Research & Development

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0OQJ:UK BK8N:Germany BEKB:Belgium BEKB:Austria

Address

Bekaertstraat 2, Zwevegem, BEL, BE-8550

Website

https://www.bekaert.com

NV Bekaert SA uses metal treatment technologies to deliver a portfolio of steel wire products and coating solutions to global customers. It operates in four segments: rubber reinforcement, steel wire solutions, specialty businesses, and Bridon-Bekaert Ropes Group. The company's products help reduce friction, improve corrosion resistance, and enhance adhesion with other materials. Bekaert's offerings are used in various sectors, including automotive, construction, energy, agriculture, and consumer goods.

NV Bekaert (NV Bekaert) Headlines

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