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MakeMyTrip (STU:MY1) Research & Development : €0.0 Mil (TTM As of Dec. 2023)


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What is MakeMyTrip Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. MakeMyTrip's Research & Development for the three months ended in Dec. 2023 was €0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was €0.0 Mil.

MakeMyTrip Research & Development Historical Data

The historical data trend for MakeMyTrip'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.

MakeMyTrip Research & Development Chart

MakeMyTrip Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Research & Development
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MakeMyTrip Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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MakeMyTrip 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 quarterly 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.

MakeMyTrip  (STU:MY1) 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.

MakeMyTrip Research & Development Related Terms

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

MakeMyTrip (STU:MY1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MakeMyTrip Ltd (STU:MY1) » Definitions » Research & Development
Comparable Companies
TNL NCLH TRIP SABR DESP MOND LIND TOUR YTRA ISPO BKNG ABNB XMAD:AMS TCOM RCL CCL EXPE HKSE:00780 XPAR:MMB LSE:JET2
Traded in Other Exchanges
MMYT:USA MY1:Germany
Address
DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Tower B, Sector 25, Gurugram, HR, IND, 122002
Website
https://www.makemytrip.com
MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.

MakeMyTrip (STU:MY1) Headlines

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