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Localiza Rent A Car (Localiza Rent A Car) Research & Development : $0 Mil (TTM As of Mar. 2024)


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What is Localiza Rent A Car Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Localiza Rent A Car's Research & Development for the three months ended in Mar. 2024 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $0 Mil.

Localiza Rent A Car Research & Development Historical Data

The historical data trend for Localiza Rent A Car'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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Localiza Rent A Car Research & Development Chart

Localiza Rent A Car Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Localiza Rent A Car Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Localiza Rent A Car 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 $0 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.

Localiza Rent A Car  (OTCPK:LZRFY) 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.

Localiza Rent A Car Research & Development Related Terms

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Localiza Rent A Car (Localiza Rent A Car) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Localiza Rent A Car SA (OTCPK:LZRFY) » Definitions » Research & Development
Comparable Companies
BSP:VAMO3 BSP:ARML3 BSP:MOVI3 BSP:MILS3 URI LSE:AHT AER UHAL WSC CAR XPAR:ALD TSX:EFN TSE:8439 HKSE:02588 R AL FTAI GATX XTER:SIX2 HRI
Traded in Other Exchanges
RENT3:Brazil
Address
Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900
Website
https://www.localiza.com
Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.

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