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GuruFocus has detected 3 Warning Signs with II-VI Inc $IIVI.
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II-VI Inc (NAS:IIVI)
Research & Development
$90.9 Mil (TTM As of Mar. 2017)

This is the expense the company spent on research and development. II-VI Inc's research and development for the three months ended in Mar. 2017 was $25.4 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2017 was $90.9 Mil.


Definition

This is the expense the company spent on research and development.

II-VI Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2017 was 20.102 (Jun. 2016 ) + 21.832 (Sep. 2016 ) + 23.632 (Dec. 2016 ) + 25.38 (Mar. 2017 ) = $90.9 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

II-VI Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
Research & Development 16.17.717.711.816.121.422.742.551.360.4

II-VI Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Research & Development 12.812.912.613.212.214.920.121.823.625.4
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