Corporate Travel Management (ASX:CTD) Research & Development : A$0.0 Mil (TTM As of Dec. 2023)

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What is Corporate Travel Management Research & Development?

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

Corporate Travel Management Research & Development Historical Data

The historical data trend for Corporate Travel Management'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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Corporate Travel Management Research & Development Chart

Corporate Travel Management Annual Data

Trend

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Research & Development

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Corporate Travel Management 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															-	-	-	-	-

Corporate Travel Management 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 A$0.0 Mil.

Corporate Travel Management (ASX:CTD) 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.

Corporate Travel Management Research & Development Related Terms

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Corporate Travel Management (ASX:CTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Corporate Travel Management Ltd (ASX:CTD) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

1C6:Germany

Address

307 Queen Street, Level 24, Brisbane, QLD, AUS, 4000

Website

https://www.travelctm.com

Corporate Travel Management provides travel services for business and government clients across the Americas, Australia and New Zealand, Europe, and Asia. The company has built scale and breadth through both organic growth and acquisitions. As of 2022, Corporate Travel is the world's fourth-largest corporate travel management company based with pro forma, pre-COVID-19 total transaction volumes of AUD 11 billion, but it remains a relative minnow in the highly fragmented USD 1.5 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group's client travel was domestic (within country) in nature.

Corporate Travel Management (ASX:CTD) Headlines

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