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This is the expense the company spent on research and development. Gazprom PJSC's research and development for the three months ended in Dec. 2015 was $122 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $348 Mil.
This is the expense the company spent on research and development.
Gazprom PJSC Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 85.4141291108 (Mar. 2015 ) + 0 (Jun. 2015 ) + 140.347137637 (Sep. 2015 ) + 122.335566382 (Dec. 2015 ) = $348 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.
Gazprom PJSC Annual Data
|Research & Development||0||236||304||434||368||449||301||255||299||466|
Gazprom PJSC Quarterly Data
|Research & Development||46||95||72||0||130||39||85||0||140||122|