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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 Jun. 2014 was $34 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $135 Mil.
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 Jun. 2014 was 34.6 (Sep. 2013 ) + 33.5 (Dec. 2013 ) + 33.2 (Mar. 2014 ) + 33.8 (Jun. 2014 ) = $135 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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.
Air Products & Chemicals Inc Annual Data
|Research & Development||126||132||151||129||131||116||115||119||126||134|
Air Products & Chemicals Inc Quarterly Data
|Research & Development||30||33||36||33||32||34||35||34||33||34|