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This is the expense the company spent on research and development. Weatherford International PLC's research and development for the three months ended in Sep. 2016 was $33 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $171 Mil.
This is the expense the company spent on research and development.
Weatherford International PLC Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 52 (Dec. 2015 ) + 45 (Mar. 2016 ) + 41 (Jun. 2016 ) + 33 (Sep. 2016 ) = $171 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.
Weatherford International PLC Annual Data
|Research & Development||149||169||193||196||216||245||257||265||290||231|
Weatherford International PLC Quarterly Data
|Research & Development||75||72||74||64||59||56||52||45||41||33|