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Victrex (LSE:VCT) Research & Development : £0.0 Mil (TTM As of Sep. 2023)


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What is Victrex Research & Development?

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

Victrex Research & Development Historical Data

The historical data trend for Victrex'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.

Victrex Research & Development Chart

Victrex Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 15.70 18.60

Victrex Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Victrex 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 £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.

Victrex  (LSE:VCT) 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.

Victrex Research & Development Related Terms

Thank you for viewing the detailed overview of Victrex's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Victrex (LSE:VCT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Victrex PLC (LSE:VCT) » Definitions » Research & Development
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Traded in Other Exchanges
VTXPF:USA VCTl:UK 1OY:Germany
Address
Victrex Technology Centre, Hillhouse International, Thornton Cleveleys, Lancashire, GBR, FY5 4QD
Website
https://www.victrexplc.com
Victrex is a British specialty chemicals company whose business is based predominantly on manufacturing and creating solutions using polyetheretherketone, or PEEK, an ultra-high-performance lightweight plastic. Around 40% of sales are generated in Europe, with Asia and the Americas contributing 30% each. The business has two segments. The industrial segment targets transportation, energy, electronics, and manufacturing, while the medical segment provides healthcare solutions for the implantable device markets.

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