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Corporacion Financiera Colombiana (BOG:SDCORFIC) Research & Development : COP0 Mil (TTM As of Dec. 2023)


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What is Corporacion Financiera Colombiana Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Corporacion Financiera Colombiana's Research & Development for the three months ended in Dec. 2023 was COP0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was COP0 Mil.

Corporacion Financiera Colombiana Research & Development Historical Data

The historical data trend for Corporacion Financiera Colombiana'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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Corporacion Financiera Colombiana Research & Development Chart

Corporacion Financiera Colombiana Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Corporacion Financiera Colombiana 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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Corporacion Financiera Colombiana 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 COP0 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.

Corporacion Financiera Colombiana  (BOG:SDCORFIC) 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.

Corporacion Financiera Colombiana Research & Development Related Terms

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Corporacion Financiera Colombiana (BOG:SDCORFIC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Corporacion Financiera Colombiana SA (BOG:SDCORFIC) » Definitions » Research & Development
Comparable Companies
BOG:GRUBOLIVAR BOG:PORT BOG:PROTECCION BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN OSTO:EQT BOM:543940 ARES TROW STT PFG LSE:LGEN
Traded in Other Exchanges
PFCORFICOL:Columbia CORFICOLCF:Columbia
Address
Carrera 13 No. 26-45, Floor 8, Bogota, COL
Website
https://www.corficolombiana.com
Corporacion Financiera Colombiana SA is a financial service provider based in Colombia. The company along with its subsidiaries provides investment banking, commercial banking, treasury, and investments services to its customers. Through its business divisions, it offers debt and capital resources, mergers and acquisitions services, liquidity solutions, and foreign currency.

Corporacion Financiera Colombiana (BOG:SDCORFIC) Headlines

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