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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 Sep. 2014 was $284 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $1,136 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 Sep. 2014 was 350.093736685 (Dec. 2013 ) + 243.664516129 (Mar. 2014 ) + 257.966905188 (Jun. 2014 ) + 284.44330382 (Sep. 2014 ) = $1,136 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||243||408||725||1,866||1,722||1,395||3,148||1,472||1,129||1,142|
Petroleo Brasileiro SA Petrobras Quarterly Data
|Research & Development||1,919||926||345||343||291||261||350||244||258||284|