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Air Products & Chemicals Inc (NYSE:APD)
Research and Development
$134 Mil (TTM As of Dec. 2013)

This is the expense the company spent on research and development. Air Products & Chemicals Inc's research and development for the three months ended in Dec. 2013 was $34 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $134 Mil.


Definition

This is the expense the company spent on research and development.

Air Products & Chemicals Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 32.3 (Mar. 2013 ) + 33.5 (Jun. 2013 ) + 34.6 (Sep. 2013 ) + 33.5 (Dec. 2013 ) = $134 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Air Products & Chemicals Inc Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
Research & Development 126132151129131116115119126134

Air Products & Chemicals Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Research & Development 32283033363332343534
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