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Advance Auto Parts (MEX:AAP) Research & Development : MXN0 Mil (TTM As of Dec. 2024)


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What is Advance Auto Parts Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Advance Auto Parts's Research & Development for the three months ended in Dec. 2024 was MXN0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was MXN0 Mil.

Advance Auto Parts Research & Development Historical Data

The historical data trend for Advance Auto Parts'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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Advance Auto Parts Research & Development Chart

Advance Auto Parts Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
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Advance Auto Parts Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Advance Auto Parts 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN0 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.

Advance Auto Parts  (MEX:AAP) 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.

Advance Auto Parts Research & Development Related Terms

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Advance Auto Parts Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Advance Auto Parts Inc (MEX:AAP) » Definitions » Research & Development
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DAN GTX VC QS PHIN ADNT FOXF GT THRM XPEL ORLY AZO TSE:6902 TSE:5108 XPAR:ML SHSE:600660 GPC XTER:CON XKRX:012330 XTER:KBX
Traded in Other Exchanges
AAP:USA 0H9G:UK AWN:Germany A1AP34:Brazil AAP:Argentina
Address
4200 Six Forks Road, Raleigh, NC, USA, 27609
Website
https://www.advanceautoparts.com
Advance Auto Parts is a leading auto-parts retailer in North America with more than 4,000 store and branch locations. About 50% of the firm's sales are geared toward the professional channel, with the remaining sales in the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units for various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub-and-spoke distribution model critical to meeting customer needs.