Animalcare Group (LSE:ANCR) Research & Development : £3.10 Mil (TTM As of Dec. 2023)

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What is Animalcare Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Animalcare Group's Research & Development for the six months ended in Dec. 2023 was £1.70 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was £3.10 Mil.

Animalcare Group Research & Development Historical Data

The historical data trend for Animalcare Group'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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Animalcare Group Research & Development Chart

Animalcare Group Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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4.09

3.49

3.13

3.03

3.10

Animalcare Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Research & Development	Get a 7-Day Free Trial															1.92	1.73	1.30	1.40	1.70

Animalcare Group 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 £3.10 Mil.

Animalcare Group (LSE:ANCR) 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.

Animalcare Group Research & Development Related Terms

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Animalcare Group (LSE:ANCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Animalcare Group PLC (LSE:ANCR) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

ANCR.GB:UK

Address

Monks Cross Drive, Moorside, York, GBR, YO32 9LB

Website

https://www.animalcaregroup.com

Animalcare Group PLC is active in the healthcare division in the United Kingdom. It is a generic veterinary medicines company. The company mainly caters to veterinary professionals in the treatment of companion animals through a product line comprised of licensed veterinary medicines and companion animal identification products and services. Its only reportable segment is Pharmaceutical which includes the development and marketing of innovative pharmaceutical products. The company has a presence in Belgium, The Netherlands, Germany, Italy, Portugal, European Union - Other, Asia, Middle East Africa, Spain, the United Kingdom, and Other Countries of which Spain derives a majority of revenue to the company.

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