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This is the expense the company spent on research and development. Schweitzer-Mauduit International Inc's research and development for the three months ended in Sep. 2016 was $4.2 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $16.4 Mil.
This is the expense the company spent on research and development.
Schweitzer-Mauduit International Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 3.5 (Dec. 2015 ) + 4.3 (Mar. 2016 ) + 4.4 (Jun. 2016 ) + 4.2 (Sep. 2016 ) = $16.4 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.
Schweitzer-Mauduit International Inc Annual Data
|Research & Development||7.3||8.0||8.3||8.0||8.5||9.2||9.9||15.3||15.7||14.0|
Schweitzer-Mauduit International Inc Quarterly Data
|Research & Development||4.2||3.6||3.8||3.3||3.7||3.5||3.5||4.3||4.4||4.2|