Switch to:
GuruFocus has detected 5 Warning Signs with Schweitzer-Mauduit International Inc $SWM.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Schweitzer-Mauduit International Inc (NYSE:SWM)
Research & Development
$17.5 Mil (TTM As of Dec. 2016)

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 Dec. 2016 was $4.6 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $17.5 Mil.


Definition

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 Dec. 2016 was 4.3 (Mar. 2016 ) + 4.4 (Jun. 2016 ) + 4.2 (Sep. 2016 ) + 4.6 (Dec. 2016 ) = $17.5 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Schweitzer-Mauduit International Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Research & Development 8.08.38.18.59.310.015.315.714.017.5

Schweitzer-Mauduit International Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Research & Development 3.63.83.33.73.53.54.34.44.24.6
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK