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Samsonite International (Samsonite International) Research & Development : $0 Mil (TTM As of Dec. 2023)


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What is Samsonite International Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Samsonite International's Research & Development for the three months ended in Dec. 2023 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil.

Samsonite International Research & Development Historical Data

The historical data trend for Samsonite International'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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Samsonite International Research & Development Chart

Samsonite International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Samsonite International Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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Samsonite International 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 $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.

Samsonite International  (OTCPK:SMSOF) 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.

Samsonite International Research & Development Related Terms

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Samsonite International (Samsonite International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsonite International SA (OTCPK:SMSOF) » Definitions » Research & Development
Comparable Companies
HKSE:00551 HKSE:01121 HKSE:01361 HKSE:01836 HKSE:03813 HKSE:02033 HKSE:01023 HKSE:01731 HKSE:01100 HKSE:00213 NKE XTER:ADS DECK ONON SZSE:300979 SKX BIRK TSE:7936 TPE:9910 CROX
Traded in Other Exchanges
SMSEY:USA 01910:Hong Kong 1SO:Germany
Address
13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931
Website
https://corporate.samsonite.com/en/home.html
Samsonite is the world's largest luggage company with a 19.5% market share in 2018. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials. Except for Tumi, most of its products are sold to retailers, but the acquisition of online retailer eBags in early 2017 is boosting its online sales channel direct to consumers.