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This is the expense the company spent on research and development. Helmerich & Payne Inc's research and development for the three months ended in Jun. 2014 was $4 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $16 Mil.
This is the expense the company spent on research and development.
Helmerich & Payne Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2014 was 3.813 (Sep. 2013 ) + 4.257 (Dec. 2013 ) + 3.625 (Mar. 2014 ) + 3.864 (Jun. 2014 ) = $16 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||0||0||0||2||10||12||16||16||15|
Helmerich & Payne Inc Quarterly Data
|Research & Development||4||4||5||3||4||4||4||4||4||4|