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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 $120 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $342 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 83.9946099716 (Mar. 2015 ) + 0 (Jun. 2015 ) + 138.014672855 (Sep. 2015 ) + 120.302440485 (Dec. 2015 ) = $342 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||232||299||427||362||442||296||251||294||458|
Gazprom PJSC Quarterly Data
|Research & Development||45||93||71||0||128||38||84||0||138||120|