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This is the expense the company spent on research and development. Brady Corp's research and development for the three months ended in Oct. 2014 was $10 Mil. Its research and development for the trailing twelve months (TTM) ended in Oct. 2014 was $36 Mil.
This is the expense the company spent on research and development.
Brady Corp Research & Development for the trailing twelve months (TTM) ended in Oct. 2014 was 8.44 (Jan. 2014 ) + 8.648 (Apr. 2014 ) + 9.373 (Jul. 2014 ) + 9.631 (Oct. 2014 ) = $36 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.
Brady Corp Annual Data
|Research & Development||25||30||36||41||34||43||43||38||34||35|
Brady Corp Quarterly Data
|Research & Development||10||8||9||8||9||9||8||9||9||10|