Argent Industrial (JSE:ART) Research & Development : R0 Mil (TTM As of Sep. 2023)

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What is Argent Industrial Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Argent Industrial's Research & Development for the six months ended in Sep. 2023 was R0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was R0 Mil.

Argent Industrial Research & Development Historical Data

The historical data trend for Argent Industrial'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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Argent Industrial Research & Development Chart

Argent Industrial Annual Data

Trend

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Research & Development

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Argent Industrial 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															-	-	-	-	-

Argent Industrial 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 R0 Mil.

Argent Industrial (JSE:ART) 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.

Argent Industrial Research & Development Related Terms

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Argent Industrial (JSE:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Argent Industrial Ltd (JSE:ART) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

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Address

First Floor, Ridge 63, 8 Sinembe Crescent, Sinembe Park, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019

Website

https://www.argent.co.za

Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up of ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.

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