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This is the expense the company spent on research and development. Alcoa Inc's research and development for the three months ended in Mar. 2014 was $51 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2014 was $141 Mil.
This is the expense the company spent on research and development.
Alcoa Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2014 was 46 (Jun. 2013 ) + 44 (Sep. 2013 ) + 0 (Dec. 2013 ) + 51 (Mar. 2014 ) = $141 Mil.
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.
Alcoa Inc Annual Data
|Research & Development||178||192||213||249||246||169||174||184||197||192|
Alcoa Inc Quarterly Data
|Research & Development||43||47||51||56||45||46||44||0||51||50|