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This is the expense the company spent on research and development. Advent Software Inc's research and development for the three months ended in Dec. 2014 was $17.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $69.5 Mil.
This is the expense the company spent on research and development.
Advent Software Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 17.639 (Mar. 2014 ) + 17.204 (Jun. 2014 ) + 16.962 (Sep. 2014 ) + 17.727 (Dec. 2014 ) = $69.5 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.
Advent Software Inc Annual Data
|Research & Development||30.4||34.9||41.9||42.9||48.4||51.4||57.6||67.0||69.7||69.5|
Advent Software Inc Quarterly Data
|Research & Development||17.1||16.6||17.0||17.9||17.4||17.5||17.6||17.2||17.0||17.7|