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CMA (ASX:CMV) Research & Development : A$0.0 Mil (TTM As of Jun. 2012)


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What is CMA Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. CMA's Research & Development for the six months ended in Jun. 2012 was A$0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2012 was A$0.0 Mil.


CMA Research & Development Historical Data

The historical data trend for CMA'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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CMA Research & Development Chart

CMA Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Research & Development
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CMA Semi-Annual Data
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CMA Research & Development Calculation

This is the expense the company spent on research and development.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in Jun. 2012 was A$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.


CMA  (ASX:CMV) 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.


CMA Research & Development Related Terms

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CMA (ASX:CMV) Business Description

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CMA Corp Ltd is an integrated recycling group that provides products and services through a network of over 31 modern recycling facilities in Australia, Asia and North America. The group's major activities are the processing and recycling of predominantly secondary ferrous and non-ferrous metal products. The company also provides end-to-end recycling solutions.

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