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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 Dec. 2015 was $60 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $238 Mil.
This is the expense the company spent on research and development.
Alcoa Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 55 (Mar. 2015 ) + 68 (Jun. 2015 ) + 55 (Sep. 2015 ) + 60 (Dec. 2015 ) = $238 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||213||249||246||169||174||184||197||192||218||238|
Alcoa Inc Quarterly Data
|Research & Development||44||57||51||50||57||60||55||68||55||60|