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Volvo AB (OSTO:VOLV B) Research & Development : kr27,485 Mil (TTM As of Mar. 2024)


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What is Volvo AB Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Volvo AB's Research & Development for the three months ended in Mar. 2024 was kr7,332 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was kr27,485 Mil.

Volvo AB Research & Development Historical Data

The historical data trend for Volvo AB'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.

* Premium members only.

Volvo AB Research & Development Chart

Volvo AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,539.00 16,798.00 18,027.00 22,526.00 26,645.00

Volvo AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,492.00 6,819.00 6,305.00 7,029.00 7,332.00

Volvo AB Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr27,485 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.

Volvo AB  (OSTO:VOLV B) 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.

Volvo AB Research & Development Related Terms

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Volvo AB (OSTO:VOLV B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Volvo AB (OSTO:VOLV B) » Definitions » Research & Development
Comparable Companies
OSTO:EPI A OSTO:ENGCON B OSTO:LYGRD OSTO:EKOBOT CAT DE PCAR XTER:DTG TSE:6201 TSE:6301 XAMS:EXO SHSE:600031 TSE:6326 CNHI SZSE:000425 SZSE:000157 OHEL:METSO AGCO SHSE:600066 OSK
Traded in Other Exchanges
VOLVF:USA VOLAF:USA VLVLY:USA VOLV A:Sweden VOLVBs:UK 0MHW:UK 0HTP:UK VOL1:Germany VOLVB:Czech Republic
Address
Gropegardsgatan 2, Gothenburg, SWE, 417 15
Website
https://www.volvogroup.com
Volvo AB drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase the customers' uptime and productivity.

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