Tumosan Motor ve Traktornayi AS (IST:TMSN) Research & Development : ₺103 Mil (TTM As of Dec. 2023)

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What is Tumosan Motor ve Traktornayi AS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Tumosan Motor ve Traktornayi AS's Research & Development for the three months ended in Dec. 2023 was ₺66 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₺103 Mil.

Tumosan Motor ve Traktornayi AS Research & Development Historical Data

The historical data trend for Tumosan Motor ve Traktornayi 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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Tumosan Motor ve Traktornayi AS Research & Development Chart

Tumosan Motor ve Traktornayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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20.26

27.13

20.76

66.77

103.04

Tumosan Motor ve Traktornayi 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															44.11	16.60	9.33	11.31	65.80

Tumosan Motor ve Traktornayi 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 ₺103 Mil.

Tumosan Motor ve Traktornayi AS (IST:TMSN) 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.

Tumosan Motor ve Traktornayi AS Research & Development Related Terms

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Tumosan Motor ve Traktornayi AS (IST:TMSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tumosan Motor ve Traktor Sanayi AS (IST:TMSN) » Definitions » Research & Development

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Traded in Other Exchanges

N/A

Address

Maltepe Mahallesi London Asfalti Caddesi Number 28/1, Topkapi, Zeytinburnu, Istanbul, TUR, 34010

Website

http://www.tumosan.com.tr

Tumosan Motor ve Traktor Sanayi AS is a Turkey-based company mainly engaged in manufacturing and production of the diesel engine and tractors. Its products comprise Tractors, Industrial Engines, Agricultural Machinery Engines, Forklifts, and Agricultural Equipments.

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