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This is the expense the company spent on research and development. Tesco Corporation's research and development for the three months ended in Dec. 2013 was $1.9 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $8.6 Mil.
This is the expense the company spent on research and development.
Tesco Corporation Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 2.029 (Mar. 2013 ) + 2.492 (Jun. 2013 ) + 2.136 (Sep. 2013 ) + 1.921 (Dec. 2013 ) = $8.6 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.
Tesco Corporation Annual Data
|Research & Development||2.5||3.9||6.0||12.0||11.0||7.4||9.1||12.5||10.5||8.6|
Tesco Corporation Quarterly Data
|Research & Development||4.0||3.2||2.5||3.4||1.8||2.7||2.0||2.5||2.1||1.9|