Accsys Technologies (XAMS:AXS) Research & Development : €1.2 Mil (TTM As of Sep. 2023)

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What is Accsys Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Accsys Technologies's Research & Development for the six months ended in Sep. 2023 was €0.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was €1.2 Mil.

Accsys Technologies Research & Development Historical Data

The historical data trend for Accsys Technologies'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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Accsys Technologies Research & Development Chart

Accsys Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Research & Development

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1.07

1.03

1.12

0.99

Accsys Technologies Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Research & Development	Get a 7-Day Free Trial															0.59	0.53	0.69	0.30	0.86

Accsys Technologies 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1.2 Mil.

Accsys Technologies (XAMS:AXS) 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.

Accsys Technologies Research & Development Related Terms

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Accsys Technologies (XAMS:AXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Accsys Technologies PLC (XAMS:AXS) » Definitions » Research & Development

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ACSYF:USA AXSa:UK AXS.GB:UK AXS:UK 1D8:Germany

Address

3 Moorgate Place, 4th floor, London, GBR, EC2R 6EA

Website

https://www.accsysplc.com

Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.