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Lanxess AG (WBO:LXS) Research & Development : €102 Mil (TTM As of Sep. 2023)


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What is Lanxess AG Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Lanxess AG's Research & Development for the three months ended in Sep. 2023 was €24 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was €102 Mil.

Lanxess AG Research & Development Historical Data

The historical data trend for Lanxess AG'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.

Lanxess AG Research & Development Chart

Lanxess AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.00 114.00 108.00 95.00 102.00

Lanxess AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 26.00 26.00 27.00 25.00 24.00

Lanxess AG 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 quarterly data reported by the company within the most recent 12 months, which was €102 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.

Lanxess AG  (WBO:LXS) 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.

Lanxess AG Research & Development Related Terms

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Lanxess AG (WBO:LXS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (WBO:LXS) » Definitions » Research & Development
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Traded in Other Exchanges
LNXSY:USA LNXSF:USA 1LXS:Italy LXSd:UK 0H7I:UK LX9B:Germany LXS:Germany LXS:Germany LXS:Germany LXS:Germany
Address
Kennedyplatz 1, Cologne, DEU, 50569
Website
https://www.lanxess.com
Lanxess is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

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