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This is the expense the company spent on research and development. Nabors Industries Ltd's research and development for the three months ended in Dec. 2016 was $9 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $34 Mil.
This is the expense the company spent on research and development.
Nabors Industries Ltd Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 8.162 (Mar. 2016 ) + 8.18 (Jun. 2016 ) + 8.476 (Sep. 2016 ) + 8.764 (Dec. 2016 ) = $34 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.
Nabors Industries Ltd Annual Data
|Research & Development||0||0||0||0||0||0||45||50||41||34|
Nabors Industries Ltd Quarterly Data
|Research & Development||0||0||12||10||10||9||8||8||8||9|