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This is the expense the company spent on research and development. Brady Corporation's research and development for the three months ended in Jan. 2014 was $8 Mil. Its research and development for the trailing twelve months (TTM) ended in Jan. 2014 was $34 Mil.
This is the expense the company spent on research and development.
Brady Corporation Research & Development for the trailing twelve months (TTM) ended in Jan. 2014 was 8.062 (Apr. 2013 ) + 9.39 (Jul. 2013 ) + 8.587 (Oct. 2013 ) + 8.44 (Jan. 2014 ) = $34 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 Corporation Annual Data
|Research & Development||23||25||30||36||41||34||43||38||38||34|
Brady Corporation Quarterly Data
|Research & Development||10||10||9||10||8||8||8||9||9||8|