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This is the expense the company spent on research and development. Quality Systems Inc's research and development for the three months ended in Dec. 2016 was $19.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $72.3 Mil.
This is the expense the company spent on research and development.
Quality Systems Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 16.077 (Mar. 2016 ) + 18.224 (Jun. 2016 ) + 18.292 (Sep. 2016 ) + 19.714 (Dec. 2016 ) = $72.3 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.
Quality Systems Inc Annual Data
|Research & Development||10.2||11.4||13.8||16.5||21.8||31.4||30.9||41.5||69.2||65.7|
Quality Systems Inc Quarterly Data
|Research & Development||16.9||18.5||17.6||17.1||18.0||14.5||16.1||18.2||18.3||19.7|