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Schweitzer-Mauduit International, Inc. (NYSE:SWM)
Research and Development
$15.7 Mil (TTM As of Dec. 2014)

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. 2014 was $3.8 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $15.7 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. 2014 was 4.1 (Mar. 2014 ) + 4.2 (Jun. 2014 ) + 3.6 (Sep. 2014 ) + 3.8 (Dec. 2014 ) = $15.7 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Schweitzer-Mauduit International, Inc. Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Research & Development 9.07.38.08.38.08.59.39.915.315.7

Schweitzer-Mauduit International, Inc. Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Research & Development 2.42.73.83.73.64.24.14.23.63.8
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