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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 Jun. 2015 was $196 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2015 was $994 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 Jun. 2015 was 341.237863039 (Sep. 2014 ) + 276.694802983 (Dec. 2014 ) + 179.537785701 (Mar. 2015 ) + 196.034322075 (Jun. 2015 ) = $994 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||408||725||879||1,722||678||3,148||1,472||1,129||1,142||1,108|
Petroleo Brasileiro SA Petrobras Quarterly Data
|Research & Development||343||291||261||294||255||269||341||277||180||196|