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GuruFocus has detected 4 Warning Signs with Garmin Ltd $GRMN.
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Garmin Ltd (NAS:GRMN)
Research and Development
$468 Mil (TTM As of Dec. 2016)

This is the expense the company spent on research and development. Garmin Ltd's research and development for the three months ended in Dec. 2016 was $129 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $468 Mil.


Definition

This is the expense the company spent on research and development.

Garmin Ltd Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 108.204 (Mar. 2016 ) + 114.355 (Jun. 2016 ) + 116.449 (Sep. 2016 ) + 128.952 (Dec. 2016 ) = $468 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Garmin Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Research & Development 159206238277299326365395427468

Garmin Ltd Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Research & Development 99102106109106106108114116129
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