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This is the expense the company spent on research and development. Concur Technologies, Inc.'s research and development for the three months ended in Dec. 2013 was $21.6 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $64.6 Mil.
This is the expense the company spent on research and development.
Concur Technologies, Inc. Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 13.799 (Mar. 2013 ) + 12.724 (Jun. 2013 ) + 16.521 (Sep. 2013 ) + 21.564 (Dec. 2013 ) = $64.6 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.
Concur Technologies, Inc. Annual Data
|Research & Development||8.8||9.3||12.4||15.9||23.0||25.3||27.2||34.8||43.8||57.3|
Concur Technologies, Inc. Quarterly Data
|Research & Development||9.2||9.7||10.0||11.7||12.3||14.2||13.8||12.7||16.5||21.6|