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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 Mar. 2015 was $5 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2015 was $17 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 Mar. 2015 was 3.864 (Jun. 2014 ) + 4.159 (Sep. 2014 ) + 4.158 (Dec. 2014 ) + 4.857 (Mar. 2015 ) = $17 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
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Helmerich & Payne Inc Quarterly Data
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