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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 Mar. 2014 was $12.3 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2014 was $43.8 Mil.
This is the expense the company spent on research and development.
Mercadolibre Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2014 was 9.76 (Jun. 2013 ) + 12.075 (Sep. 2013 ) + 9.671 (Dec. 2013 ) + 12.257 (Mar. 2014 ) = $43.8 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.
Mercadolibre Inc Annual Data
|Research & Development||0.0||2.2||3.1||4.4||7.3||12.1||15.9||23.4||28.6||40.9|
Mercadolibre Inc Quarterly Data
|Research & Development||6.7||7.6||6.1||8.0||6.9||9.4||9.8||12.1||9.7||12.3|