Hektas Ticaret AS (IST:HEKTS) Research & Development : ₺208 Mil (TTM As of Dec. 2023)

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What is Hektas Ticaret AS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hektas Ticaret AS's Research & Development for the three months ended in Dec. 2023 was ₺108 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₺208 Mil.

Hektas Ticaret AS Research & Development Historical Data

The historical data trend for Hektas 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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Hektas Ticaret AS Research & Development Chart

Hektas Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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11.53

18.97

35.38

179.19

208.19

Hektas Ticaret AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															122.34	20.96	35.02	44.49	107.72

Hektas 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 ₺208 Mil.

Hektas Ticaret AS (IST:HEKTS) 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.

Hektas Ticaret AS Research & Development Related Terms

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Hektas Ticaret AS (IST:HEKTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Hektas Ticaret AS (IST:HEKTS) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gebze Organize Sanayi Bolgesi, Ihsan Dede Caddesi, 700. Sokak. No.711, Gebze, Kocaeli, TUR, 41480

Website

https://www.hektas.com.tr

Hektas Ticaret AS is a Turkey-based company involved in producing and marketing agricultural and veterinary medicines. Its offerings include agrochemicals, such as insecticides, herbicides, fungicides, leaf fertilizers, growth regulators, and fumigants; and veterinary pharmaceuticals. The majority of revenue is derived from domestic sales.

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