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This is the expense the company spent on research and development. Cerner Corp's research and development for the three months ended in Dec. 2015 was $111 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $421 Mil.
This is the expense the company spent on research and development.
Cerner Corp Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 98.182 (Mar. 2015 ) + 108.833 (Jun. 2015 ) + 103.071 (Sep. 2015 ) + 110.518 (Dec. 2015 ) = $421 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.
Cerner Corp Annual Data
|Research & Development||247||271||273||271||273||287||220||339||289||421|
Cerner Corp Quarterly Data
|Research & Development||83||-2||66||72||72||79||98||109||103||111|