Girisim Elektriknayi Taahhut Ve Ticaret AS (IST:GESAN) Research & Development : ₺82 Mil (TTM As of Dec. 2023)

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What is Girisim Elektriknayi Taahhut Ve Ticaret AS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Girisim Elektriknayi Taahhut Ve Ticaret AS's Research & Development for the three months ended in Dec. 2023 was ₺74 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₺82 Mil.

Girisim Elektriknayi Taahhut Ve Ticaret AS Research & Development Historical Data

The historical data trend for Girisim Elektriknayi Taahhut Ve Ticaret AS'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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Girisim Elektriknayi Taahhut Ve Ticaret AS Research & Development Chart

Girisim Elektriknayi Taahhut Ve Ticaret AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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0.37

0.42

6.76

34.54

81.83

Girisim Elektriknayi Taahhut Ve Ticaret AS Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial											30.44	2.88	3.05	1.94	73.95

Girisim Elektriknayi Taahhut Ve Ticaret AS 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 ₺82 Mil.

Girisim Elektriknayi Taahhut Ve Ticaret AS (IST:GESAN) 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.

Girisim Elektriknayi Taahhut Ve Ticaret AS Research & Development Related Terms

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Girisim Elektriknayi Taahhut Ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Girisim Elektrik Sanayi Taahhut Ve Ticaret AS (IST:GESAN) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saray Mah. Atom Cad. No:15, Kahramankazan, Ankara, TUR

Website

https://www.girisimelk.com.tr

Girisim Elektrik Sanayi Taahhut Ve Ticaret AS is an EPC contracting, engineering, sales, and marketing company in the Turkish and regional electricity and energy industry.

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