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2 Cheap Cars Group (NZSE:2CC) Research & Development : NZ$0.00 Mil (TTM As of Mar. 2024)


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What is 2 Cheap Cars Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. 2 Cheap Cars Group's Research & Development for the six months ended in Mar. 2024 was NZ$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was NZ$0.00 Mil.

2 Cheap Cars Group Research & Development Historical Data

The historical data trend for 2 Cheap Cars 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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2 Cheap Cars Group Research & Development Chart

2 Cheap Cars Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Research & Development
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2 Cheap Cars Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Research & Development Get a 7-Day Free Trial - - - - -

2 Cheap Cars 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$0.00 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.

2 Cheap Cars Group  (NZSE:2CC) 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.

2 Cheap Cars Group Research & Development Related Terms

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2 Cheap Cars Group (NZSE:2CC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » 2 Cheap Cars Group Ltd (NZSE:2CC) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061
Website
https://www.2cheapcars.co.nz
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The 2 Cheap Cars Group draws revenue from the two divisions: automotive retail division, revenue is primarily from the sale of vehicles and from agent commissions relating to third-party finance and insurance products. NZ Motor Finance (NZMF) generates finance income from lending to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products.

2 Cheap Cars Group (NZSE:2CC) Headlines

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