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Helmerich & Payne Inc (NYSE:HP)
Research and Development
$10 Mil (TTM As of Sep. 2016)

This is the expense the company spent on research and development. Helmerich & Payne Inc's research and development for the three 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.


Definition

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

Helmerich & Payne Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 2.919 (Dec. 2015 ) + 2.315 (Mar. 2016 ) + 2.707 (Jun. 2016 ) + 2.328 (Sep. 2016 ) = $10 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.

Helmerich & Payne Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
Research & Development 021012161615161610

Helmerich & Payne Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Research & Development 4445343232
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