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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 Dec. 2013 was $250 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $1,132 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 Dec. 2013 was 673.084 (Mar. 2013 ) + -49.084 (Jun. 2013 ) + 258 (Sep. 2013 ) + 250 (Dec. 2013 ) = $1,132 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||248||399||730||1,871||1,782||681||989||1,454||1,143||1,132|
Petroleo Brasileiro SA Petrobras Quarterly Data
|Research & Development||796||-1,070||518||1,959||923||342||673||-49||258||250|