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This is the expense the company spent on research and development. Mercadolibre Inc's research and development for the three months ended in Dec. 2014 was $16.0 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $53.6 Mil.
This is the expense the company spent on research and development.
Mercadolibre Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 12.257 (Mar. 2014 ) + 11.741 (Jun. 2014 ) + 13.574 (Sep. 2014 ) + 16.027 (Dec. 2014 ) = $53.6 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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.
Mercadolibre Inc Annual Data
|Research & Development||2.2||3.1||4.4||7.3||12.1||15.9||23.4||28.6||40.9||53.6|
Mercadolibre Inc Quarterly Data
|Research & Development||8.0||6.9||9.4||9.8||12.1||9.7||12.3||11.7||13.6||16.0|