TravelSky Technology (FRA:TVL) Research & Development : €111.0 Mil (TTM As of Dec. 2023)

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What is TravelSky Technology Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. TravelSky Technology's Research & Development for the six months ended in Dec. 2023 was €75.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was €111.0 Mil.

TravelSky Technology Research & Development Historical Data

The historical data trend for TravelSky Technology'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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TravelSky Technology Research & Development Chart

TravelSky Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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97.23

86.94

135.31

95.02

110.84

TravelSky Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Research & Development	Get a 7-Day Free Trial															94.50	30.63	65.66	35.47	75.49

TravelSky Technology 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 semi-annually data reported by the company within the most recent 12 months, which was €111.0 Mil.

TravelSky Technology (FRA:TVL) 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.

TravelSky Technology Research & Development Related Terms

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TravelSky Technology (FRA:TVL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TravelSky Technology Ltd (FRA:TVL) » Definitions » Research & Development

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Traded in Other Exchanges

TSYHY:USA TSYHF:USA 00696:Hong Kong TVL:Germany

Address

7 Yu Min Da Street, Houshayu Town, Shunyi District, Beijing, CHN, 101318

Website

https://www.travelskyir.com

TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue.

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