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Vanquis Banking Group (LSE:VANQ) Research & Development : £0.0 Mil (TTM As of Dec. 2023)


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What is Vanquis Banking Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Vanquis Banking Group's Research & Development for the six months ended in Dec. 2023 was £0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was £0.0 Mil.

Vanquis Banking Group Research & Development Historical Data

The historical data trend for Vanquis Banking Group'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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Vanquis Banking Group Research & Development Chart

Vanquis Banking Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Vanquis Banking Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Vanquis Banking Group 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 £0.0 Mil.

* 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.

Vanquis Banking Group  (LSE:VANQ) 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.

Vanquis Banking Group Research & Development Related Terms

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Vanquis Banking Group (LSE:VANQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Vanquis Banking Group plc (LSE:VANQ) » Definitions » Research & Development
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Traded in Other Exchanges
VANQl:UK
Address
No. 1 Godwin Street, Bradford, West Yorkshire, GBR, BD1 2SU
Website
https://www.vanquisbankinggroup.com
Vanquis Banking Group plc is a specialist bank, focused on the mid cost credit market. It offers credit cards and loans as Vanquis and Vehicle Finance as Moneybarn. All are delivered online and are built with customer flexibility in mind.

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