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This is the expense the company spent on research and development. Petroleo Brasileiro SA Petrobras's research and development for the three months ended in Mar. 2015 was $197 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2015 was $1,034 Mil.
This is the expense the company spent on research and development.
Petroleo Brasileiro SA Petrobras Research & Development for the trailing twelve months (TTM) ended in Mar. 2015 was 270 (Jun. 2014 ) + 292 (Sep. 2014 ) + 274.556 (Dec. 2014 ) + 197 (Mar. 2015 ) = $1,034 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.
Petroleo Brasileiro SA Petrobras Annual Data
|Research & Development||399||730||881||1,782||681||3,157||4,084||1,143||1,132||1,062|
Petroleo Brasileiro SA Petrobras Quarterly Data
|Research & Development||342||337||287||261||250||250||270||292||275||197|