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This is the expense the company spent on research and development. Valspar Corp's research and development for the three months ended in Apr. 2014 was $36 Mil. Its research and development for the trailing twelve months (TTM) ended in Apr. 2014 was $125 Mil.
This is the expense the company spent on research and development.
Valspar Corp Research & Development for the trailing twelve months (TTM) ended in Apr. 2014 was 30.073 (Jul. 2013 ) + 28.508 (Oct. 2013 ) + 30.558 (Jan. 2014 ) + 35.585 (Apr. 2014 ) = $125 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.
Valspar Corp Annual Data
|Research & Development||76||79||83||90||97||91||100||115||117||122|
Valspar Corp Quarterly Data
|Research & Development||29||30||31||31||34||30||29||31||36||34|