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Tower (ASX:TWR) Research & Development : A$0.0 Mil (TTM As of Sep. 2023)


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What is Tower Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Tower's Research & Development for the six months ended in Sep. 2023 was A$0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was A$0.0 Mil.

Tower Research & Development Historical Data

The historical data trend for Tower'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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Tower Research & Development Chart

Tower Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Research & Development
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Tower Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Tower Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

* 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.

Tower  (ASX:TWR) 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.

Tower Research & Development Related Terms

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Tower (ASX:TWR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tower Ltd (ASX:TWR) » Definitions » Research & Development
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Traded in Other Exchanges
TWR:New Zealand
Address
136 Fanshawe Street, Level 5, PO Box 90347, Auckland, NTL, NZL, 1142
Website
https://www.tower.co.nz
Tower Ltd is a general insurance company. The company provides insurance services namely car, house, contents, travel, business, boat insurance among others. The company has two geographical segments, New Zealand General Insurance, and Pacific Islands General Insurance. The company derives majority of its revenue from New Zealand segment.

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