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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 Mar. 2015 was $13.5 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2015 was $69.1 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 Mar. 2015 was 18.698 (Jun. 2014 ) + 17.602 (Sep. 2014 ) + 19.277 (Dec. 2014 ) + 13.476 (Mar. 2015 ) = $69.1 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||15.2||14.5||19.0||22.4||24.5||26.2||34.7||73.2||91.1||76.6|
Westport Innovations Inc Quarterly Data
|Research & Development||24.5||20.4||23.9||23.5||23.3||21.0||18.7||17.6||19.3||13.5|