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This is the expense the company spent on research and development. Tesco Corp's research and development for the three months ended in Jun. 2016 was $1.4 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $7.3 Mil.
This is the expense the company spent on research and development.
Tesco Corp Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 2.076 (Sep. 2015 ) + 2.213 (Dec. 2015 ) + 1.573 (Mar. 2016 ) + 1.437 (Jun. 2016 ) = $7.3 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 Corp Annual Data
|Research & Development||6.0||12.0||11.0||7.4||9.1||12.5||10.5||8.6||9.6||9.2|
Tesco Corp Quarterly Data
|Research & Development||2.5||2.5||1.9||2.8||2.9||2.1||2.1||2.2||1.6||1.4|