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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 Mar. 2016 was $4.3 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $15.0 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 Mar. 2016 was 3.7 (Jun. 2015 ) + 3.5 (Sep. 2015 ) + 3.5 (Dec. 2015 ) + 4.3 (Mar. 2016 ) = $15.0 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.
Schweitzer-Mauduit International Inc Annual Data
|Research & Development||7.3||8.0||8.3||8.1||8.5||9.3||10.0||15.3||15.7||14.0|
Schweitzer-Mauduit International Inc Quarterly Data
|Research & Development||4.2||4.1||4.2||3.6||3.8||3.3||3.7||3.5||3.5||4.3|