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AbbVie Inc (NYSE:ABBV)
Days Payable
0.00 (As of Sep. 2016)

AbbVie Inc's payable for the three months ended in Sep. 2016 was $0 Mil. AbbVie Inc's cost of goods sold for the three months ended in Sep. 2016 was $1,504 Mil. Hence, AbbVie Inc's days payable for the three months ended in Sep. 2016 was 0.00.

During the past 7 years, AbbVie Inc's highest Days Payable was 185.97. The lowest was 0.00. And the median was 141.64.

AbbVie Inc's days payable stayed the same from Sep. 2015 (0.00) to Sep. 2016 (0.00).


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

AbbVie Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=881/4426*365
=72.65

AbbVie Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/1504*365 / 4
=0.00

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


Related Terms

Revenue


Historical Data

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

AbbVie Inc Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.000.0030.33153.74175.86185.9772.65129.53

AbbVie Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 0.000.0071.840.000.000.0098.800.000.000.00
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