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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 Sep. 2016 was $18.3 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $67.1 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 Sep. 2016 was 14.518 (Dec. 2015 ) + 16.077 (Mar. 2016 ) + 18.224 (Jun. 2016 ) + 18.292 (Sep. 2016 ) = $67.1 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||16.2||16.9||18.5||17.6||17.1||18.0||14.5||16.1||18.2||18.3|