Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Research & Development : ₺934 Mil (TTM As of Dec. 2023)

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What is Logo Yazilimnayi ve Ticaret AS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Logo Yazilimnayi ve Ticaret AS's Research & Development for the three months ended in Dec. 2023 was ₺495 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₺934 Mil.

Logo Yazilimnayi ve Ticaret AS Research & Development Historical Data

The historical data trend for Logo Yazilimnayi ve Ticaret AS'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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Logo Yazilimnayi ve Ticaret AS Research & Development Chart

Logo Yazilimnayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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101.52

118.55

175.44

709.62

933.94

Logo Yazilimnayi ve Ticaret AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															505.48	114.95	144.03	179.92	495.04

Logo Yazilimnayi ve Ticaret AS 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 ₺934 Mil.

Logo Yazilimnayi ve Ticaret AS (IST:LOGO) 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.

Logo Yazilimnayi ve Ticaret AS Research & Development Related Terms

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Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Logo Yazilim Sanayi ve Ticaret AS (IST:LOGO) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sahabettin Bilgisu Caddesi, No. 609, Gebze Organize Sanayi Bolgesi, Kocaeli, Gebze, TUR, 41400

Website

https://www.logo.com.tr

Logo Yazilim Sanayi ve Ticaret AS is a software company developing software for engineering and project management. The company's vast array of solutions includes Enterprise Resource Planning solutions, Project Solutions, Small and Medium Enterprise Solutions, Business Analytics Solutions, Human Resource Solutions, Supply Chain Solutions, Integrated Products, Work Flow Management Solutions, Retail Cloud Solutions, Customer Relationship Management Solutions, and Mobile Solutions. The group generates revenue from the sale of off-the-shelf software, logo enterprise membership, SaaS membership, after-sales services, Netsis software license, development of customized software and version upgrade package sales.

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