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This is the expense the company spent on research and development. AGCO Corp's research and development for the three months ended in Sep. 2014 was $78 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $340 Mil.
This is the expense the company spent on research and development.
AGCO Corp Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 86.7 (Dec. 2013 ) + 82.2 (Mar. 2014 ) + 92.5 (Jun. 2014 ) + 78.2 (Sep. 2014 ) = $340 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.
AGCO Corp Annual Data
|Research & Development||0||0||128||155||195||192||220||276||317||353|
AGCO Corp Quarterly Data
|Research & Development||79||76||90||88||91||87||87||82||93||78|