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This is the expense the company spent on research and development. Aspen Technology Inc's research and development for the three months ended in Sep. 2016 was $18.6 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $69.2 Mil.
This is the expense the company spent on research and development.
Aspen Technology Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 15.981 (Dec. 2015 ) + 17.82 (Mar. 2016 ) + 16.754 (Jun. 2016 ) + 18.632 (Sep. 2016 ) = $69.2 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.
Aspen Technology Inc Annual Data
|Research & Development||42.7||45.2||46.4||48.2||50.8||56.2||62.5||68.4||69.6||67.2|
Aspen Technology Inc Quarterly Data
|Research & Development||15.8||16.3||16.0||20.3||17.0||16.6||16.0||17.8||16.8||18.6|