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Turners Automotive Group (NZSE:TRA) Research & Development : NZ$0.0 Mil (TTM As of Sep. 2024)


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What is Turners Automotive Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Turners Automotive Group's Research & Development for the six months ended in Sep. 2024 was NZ$0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was NZ$0.0 Mil.

Turners Automotive Group Research & Development Historical Data

The historical data trend for Turners Automotive 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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Turners Automotive Group Research & Development Chart

Turners Automotive Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Research & Development
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Turners Automotive Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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Turners Automotive 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$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.

Turners Automotive Group  (NZSE:TRA) 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.

Turners Automotive Group Research & Development Related Terms

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Turners Automotive Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Turners Automotive Group Ltd (NZSE:TRA) » Definitions » Research & Development
Comparable Companies
NZSE:CMO NZSE:2CC CVNA KMX TPE:2207 PAG XBRU:DIE LAD AN GPI TSE:4732 VVV HKSE:00881 RUSHA ABG LSE:INCH TSX:BYD CARG DRVN MCW
Traded in Other Exchanges
TRA:Australia
Address
Level 5, 70 Shortland Street, PO Box 1232, Auckland, NZL, 1140
Website
https://www.turnersautogroup.co.nz
Turners Automotive Group Ltd is an integrated financial services group, primarily operating in the automotive sector. Business activity generally functions through Automotive Retail, Finance, Insurance, Credit management, Corporate, and Others. The company derives the majority of its revenue from Automotive retail which is engaged in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale and related asset-based finance to consumers. Geographically the group's business activities are located in New Zealand and Australia.

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