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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. 2016 was $66 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $286 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. 2016 was 71.7 (Dec. 2015 ) + 71.2 (Mar. 2016 ) + 77.1 (Jun. 2016 ) + 66 (Sep. 2016 ) = $286 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||155||195||192||220||276||317||353||337||282||296|
AGCO Corp Quarterly Data
|Research & Development||78||84||69||72||70||72||71||77||66||82|