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This is the expense the company spent on research and development. W R Grace & Co's research and development for the three months ended in Sep. 2016 was $12 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $70 Mil.
This is the expense the company spent on research and development.
W R Grace & Co Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 33.4 (Dec. 2015 ) + 11.7 (Mar. 2016 ) + 12.4 (Jun. 2016 ) + 12.1 (Sep. 2016 ) = $70 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.
W R Grace & Co Annual Data
|Research & Development||64||80||83||70||60||69||65||65||80||70|
W R Grace & Co Quarterly Data
|Research & Development||20||21||18||12||12||12||33||12||12||12|