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This is the expense the company spent on research and development. Helmerich & Payne Inc's research and development for the six months ended in Sep. 2016 was $2 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $10 Mil.
This is the expense the company spent on research and development.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Helmerich & Payne Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was $10 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.
Helmerich & Payne Inc Annual Data
|Research & Development||0||2||10||12||16||16||15||16||16||10|
Helmerich & Payne Inc Semi-Annual Data
|Research & Development||4||4||4||5||3||4||3||2||3||2|