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GuruFocus has detected 4 Warning Signs with Tata Motors Ltd $TTM.
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Tata Motors Ltd (NYSE:TTM)
Research & Development
$1,143 Mil (TTM As of Dec. 2016)

This is the expense the company spent on research and development. Tata Motors Ltd's research and development for the three months ended in Dec. 2016 was $744 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $1,143 Mil.


Definition

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

Tata Motors Ltd Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 158.742071044 (Mar. 2016 ) + 129.507697111 (Jun. 2016 ) + 111.215370733 (Sep. 2016 ) + 743.903122474 (Dec. 2016 ) = $1,143 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.

Tata Motors Ltd Annual Data

Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
Research & Development 24700214277374421456519519

Tata Motors Ltd Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Research & Development 114130111127129159130111744150
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