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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 Jun. 2014 was $15.8 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $68.4 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 Jun. 2014 was 15.834 (Sep. 2013 ) + 15.016 (Dec. 2013 ) + 21.791 (Mar. 2014 ) + 15.769 (Jun. 2014 ) = $68.4 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||47.3||44.1||42.7||45.2||46.4||48.2||50.8||56.2||62.5||68.4|
Aspen Technology Inc Quarterly Data
|Research & Development||14.4||15.3||15.8||15.0||15.8||15.9||15.8||15.0||21.8||15.8|