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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. 2015 was $157 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $801 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. 2015 was 274.556 (Dec. 2014 ) + 174.31 (Mar. 2015 ) + 195.346 (Jun. 2015 ) + 157 (Sep. 2015 ) = $801 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.
Petroleo Brasileiro SA Petrobras Annual Data
|Research & Development||399||730||881||941||681||3,157||1,454||1,143||1,132||1,099|
Petroleo Brasileiro SA Petrobras Quarterly Data
|Research & Development||287||261||250||261||273||292||275||174||195||157|