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This is the expense the company spent on research and development. The Valspar Corp's research and development for the three months ended in Jan. 2016 was $33 Mil. Its research and development for the trailing twelve months (TTM) ended in Jan. 2016 was $133 Mil.
This is the expense the company spent on research and development.
The Valspar Corp Research & Development for the trailing twelve months (TTM) ended in Jan. 2016 was 32.037 (Apr. 2015 ) + 34.951 (Jul. 2015 ) + 33.223 (Oct. 2015 ) + 32.528 (Jan. 2016 ) = $133 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.
The Valspar Corp Annual Data
|Research & Development||83||90||97||91||100||115||123||128||134||133|
The Valspar Corp Quarterly Data
|Research & Development||30||31||36||34||34||33||32||35||33||33|