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This is the expense the company spent on research and development. Stoneridge Inc's research and development for the three months ended in Sep. 2016 was $10.2 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $40.0 Mil.
This is the expense the company spent on research and development.
Stoneridge Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 9.096 (Dec. 2015 ) + 10.883 (Mar. 2016 ) + 9.878 (Jun. 2016 ) + 10.151 (Sep. 2016 ) = $40.0 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.
Stoneridge Inc Annual Data
|Research & Development||0.0||0.0||0.0||0.0||0.0||0.0||38.9||40.4||41.6||38.8|
Stoneridge Inc Quarterly Data
|Research & Development||10.6||10.4||9.7||9.8||10.0||9.9||9.1||10.9||9.9||10.2|