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Rainbow Tourism Group (XZIM:RTG.ZW) Research & Development : ZWG0 Mil (TTM As of Dec. 2023)


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What is Rainbow Tourism Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Rainbow Tourism Group's Research & Development for the six months ended in Dec. 2023 was ZWG0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ZWG0 Mil.

Rainbow Tourism Group Research & Development Historical Data

The historical data trend for Rainbow Tourism 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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Rainbow Tourism Group Research & Development Chart

Rainbow Tourism Group Annual Data
Trend Dec08 Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Rainbow Tourism Group Semi-Annual Data
Dec08 Dec09 Jun11 Dec11 Jun12 Dec12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Rainbow Tourism 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWG0 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.

Rainbow Tourism Group  (XZIM:RTG.ZW) 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.

Rainbow Tourism Group Research & Development Related Terms

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Rainbow Tourism Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rainbow Tourism Group Ltd (XZIM:RTG.ZW) » Definitions » Research & Development
Comparable Companies
MAR HLT LSE:IHG H BOM:500850 XPAR:AC HTHT WH SAU:4250 CHH LSE:WTB SAU:4100 BKK:MINT XKRX:180640 SHSE:600754 SAU:4090 BKK:AWC XMAD:NHH BOM:500840 SZSE:000069
Traded in Other Exchanges
N/A
Address
No. 1 Pennefather Avenue, Samora Machel Avenue West, Rainbow Towers Hotel and Conference Centre, Harare, ZWE
Website
https://www.rtgafrica.com
Rainbow Tourism Group Ltd is a Zimbabwe-based hospitality management company. It is engaged in providing hotel and conferencing facilities in Zimbabwe. It derives revenue through the sources of room revenue; food beverages and conferencing; and other operating activities. The hotels of the company include Rainbow Towers Hotel & Conference Centre, New Ambassador Hotel, Kadoma Hotel & Conference Centre, Bulawayo Rainbow Hotel, A'Zambezi River Lodge, and Victoria Falls Rainbow Hotel-Victoria Falls.

Rainbow Tourism Group Headlines

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