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This is the expense the company spent on research and development. Westport Innovations Inc's research and development for the three months ended in Dec. 2013 was $23.3 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $91.1 Mil.
This is the expense the company spent on research and development.
Westport Innovations Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 20.437 (Mar. 2013 ) + 23.894 (Jun. 2013 ) + 23.485 (Sep. 2013 ) + 23.316 (Dec. 2013 ) = $91.1 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.
Westport Innovations Inc Annual Data
|Research & Development||19.9||15.2||14.5||19.0||22.4||24.5||26.2||34.7||73.2||91.1|
Westport Innovations Inc Quarterly Data
|Research & Development||13.9||0.0||14.2||18.1||16.4||24.5||20.4||23.9||23.5||23.3|