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SIT SpA (MIL:SIT) Research & Development : €0.0 Mil (TTM As of Dec. 2023)


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What is SIT SpA Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. SIT SpA'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.

SIT SpA Research & Development Historical Data

The historical data trend for SIT SpA'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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SIT SpA Research & Development Chart

SIT SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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SIT SpA Semi-Annual Data
Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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SIT SpA 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.

SIT SpA  (MIL:SIT) 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.

SIT SpA Research & Development Related Terms

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SIT SpA (MIL:SIT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SIT SpA (MIL:SIT) » Definitions » Research & Development
Comparable Companies
MIL:RDUE MIL:ESAU MIL:ILP MIL:CML MIL:TES MIL:VLT MIL:MARP MIL:OSA MIL:ELSA MIL:REN GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Viale A. Volta, 2, Cusago, Milan, ITA, 20090
Website
http://www.sitspa.it
SIT SpA is engaged in the manufacture of industrial products. The company products include timing belt drives, polyurethane belt drives, V-belt drives, POLY-V belt drives, flat belt drives, chain drives, couplings, locking devices, bearing units and rod ends, antivibration mounts, and electronic equipment, motor bases, tensioners, and TEN-SIT. The company exports its products to Spain, France, Germany, Switzerland, the USA, and China.

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