Iskenderun Demir ve Celik AS (IST:ISDMR) Research & Development : ₺3 Mil (TTM As of Sep. 2024)

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What is Iskenderun Demir ve Celik AS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Iskenderun Demir ve Celik AS's Research & Development for the three months ended in Sep. 2024 was ₺1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was ₺3 Mil.

Iskenderun Demir ve Celik AS Research & Development Historical Data

The historical data trend for Iskenderun Demir ve Celik 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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Iskenderun Demir ve Celik AS Research & Development Chart

Iskenderun Demir ve Celik AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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0.25

0.24

0.45

0.84

1.35

Iskenderun Demir ve Celik AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Research & Development	Get a 7-Day Free Trial															0.28	0.64	0.82	0.06	1.25

Iskenderun Demir ve Celik 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺3 Mil.

Iskenderun Demir ve Celik AS (IST:ISDMR) 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.

Iskenderun Demir ve Celik AS Research & Development Related Terms

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Iskenderun Demir ve Celik AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Iskenderun Demir ve Celik AS (IST:ISDMR) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karayilan Mahallesi, Payas, Sehit Yuzbasi Ali Oquz Bulvari No:1, Hatay, Iskenderun, TUR, 31319

Website

https://www.isdemir.com.tr

Iskenderun Demir ve Celik AS is engaged in the production and sale of iron products, flat and long steel products, and their by-products. The company's main products are billet, slab, coil, plate, and wire rod and by-products are coke, benzol, ammonium sulfate, and slag.

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