Credit Acceptance (BSP:CRDA34) Research & Development : R$0 Mil (TTM As of Mar. 2024)

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What is Credit Acceptance Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Credit Acceptance's Research & Development for the three months ended in Mar. 2024 was R$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was R$0 Mil.

Credit Acceptance Research & Development Historical Data

The historical data trend for Credit Acceptance'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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Credit Acceptance Research & Development Chart

Credit Acceptance Annual Data

Trend

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Research & Development

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Credit Acceptance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Credit Acceptance Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$0 Mil.

Credit Acceptance (BSP:CRDA34) 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.

Credit Acceptance Research & Development Related Terms

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Credit Acceptance (BSP:CRDA34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Acceptance Corp (BSP:CRDA34) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

CACC:USA

Address

25505 W. Twelve Mile Road, Southfield, MI, USA, 48034-8339

Website

https://www.creditacceptance.com

Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far the largest source of revenue.

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