Canadian Tire (TSX:CTC.A) Research & Development : C$0 Mil (TTM As of Dec. 2023)

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What is Canadian Tire Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Canadian Tire's Research & Development for the three months ended in Dec. 2023 was C$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0 Mil.

Canadian Tire Research & Development Historical Data

The historical data trend for Canadian Tire'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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Canadian Tire Research & Development Chart

Canadian Tire Annual Data

Trend

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Research & Development

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Canadian Tire Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Canadian Tire 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 C$0 Mil.

Canadian Tire (TSX:CTC.A) 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.

Canadian Tire Research & Development Related Terms

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Canadian Tire (TSX:CTC.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Canadian Tire Corp Ltd (TSX:CTC.A) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

CDNAF:USA YAAA:Germany CTC:Canada

Address

2180 Yonge Street, P.O. Box 770, Toronto, ON, CAN, M4P 2V8

Website

https://www.corp.canadiantire.ca

Canadian Tire sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories, and vehicle fuel through a roughly 1,700-store network of company, dealer, and franchisee-operated locations across Canada. Aside from the namesake banner, stores operate primarily under the Mark's, SportChek, Party City, Atmosphere, and PartSource monikers. Additionally, the company owns Helly Hansen, a Norwegian sportswear and workwear brand, and also operates and holds majority ownership of a financing arm (Canadian Tire Financial Services; 20% owned by Scotiabank) and a REIT (CT REIT; Canadian Tire owns about 70%).

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