Eregli Demir Ve Celik Fabrikalari TAS (IST:EREGL) Research & Development : ₺223 Mil (TTM As of Mar. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Eregli Demir Ve Celik Fabrikalari TAS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Eregli Demir Ve Celik Fabrikalari TAS's Research & Development for the three months ended in Mar. 2024 was ₺65 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ₺223 Mil.

Eregli Demir Ve Celik Fabrikalari TAS Research & Development Historical Data

The historical data trend for Eregli Demir Ve Celik Fabrikalari TAS'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.

* Premium members only.

Eregli Demir Ve Celik Fabrikalari TAS Research & Development Chart

Eregli Demir Ve Celik Fabrikalari TAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

Get a 7-Day Free Trial

25.00

29.40

47.63

99.94

190.23

Eregli Demir Ve Celik Fabrikalari TAS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															32.02	51.77	42.08	64.37	64.63

Eregli Demir Ve Celik Fabrikalari TAS Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺223 Mil.

Eregli Demir Ve Celik Fabrikalari TAS (IST:EREGL) 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.

Eregli Demir Ve Celik Fabrikalari TAS Research & Development Related Terms

Thank you for viewing the detailed overview of Eregli Demir Ve Celik Fabrikalari TAS's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Eregli Demir Ve Celik Fabrikalari TAS (IST:EREGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Eregli Demir Ve Celik Fabrikalari TAS (IST:EREGL) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

ERELY:USA EDVA:Germany

Address

Barbaros Mahallesi Ardic Sok No: 6, Atasehir, Istanbul, TUR, 34746

Website

https://www.erdemir.com.tr

Eregli Demir Ve Celik Fabrikalari TAS is a Turkey-based company engaged in production of flat steel, long steel and other steel products. The company also provides engineering and project management services, as well as port services. As well, the company owns an iron ore mining arm. The company's steel products include hot-rolled product, cold-rolled product, galvanized products, metal packaging steel, billet, wire-rod, etc. These products are used in the automotive sector, manufacturing industry, projected works, consumer products, packaging industries and others. Most of the company's revenue comes from the Turkish domestic market.

Eregli Demir Ve Celik Fabrikalari TAS (IST:EREGL) Headlines

No Headlines