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This is the expense the company spent on research and development. Alcoa Corp's research and development for the three months ended in Sep. 2016 was $8 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $51 Mil.
This is the expense the company spent on research and development.
Alcoa Corp Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 15 (Dec. 2015 ) + 11 (Mar. 2016 ) + 17 (Jun. 2016 ) + 8 (Sep. 2016 ) = $51 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 Corp Annual Data
|Research & Development||0||0||0||0||0||0||0||86||95||69|
Alcoa Corp Quarterly Data
|Research & Development||0||0||0||21||37||14||15||11||17||8|