AbbVie's average Accounts Receivable for the
three
months ended in Dec. 2023 was $11,284 Mil. AbbVie's Revenue for the
three
months ended in Dec. 2023 was $14,301 Mil.
Hence, AbbVie's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 72.00.
The historical rank and industry rank for AbbVie's Days Sales Outstanding or its related term are showing as below:
ABBV'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.78 Med: 65.21 Max: 76.32
Current: 76.32
During the past 13 years, AbbVie's highest Days Sales Outstanding was 76.32. The lowest was 56.78. And the median was 65.21.
ABBV's Days Sales Outstanding is ranked worse than 54.6% of 1000
companies
in the Drug Manufacturers industry
Industry Median: 72.185
vs ABBV: 76.32
AbbVie's Days Sales Outstanding
increased
from Dec. 2022 (66.37) to Dec. 2023 (72.00).
AbbVie Days Sales Outstanding Historical Data
The historical data trend for AbbVie's Days Sales Outstanding can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
AbbVie Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Sales Outstanding
59.32
56.78
61.05
66.74
75.29
AbbVie Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Sales Outstanding
66.37
84.82
75.57
75.03
72.00
Competitive Comparison
For the Drug Manufacturers - General subindustry, AbbVie's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AbbVie Days Sales Outstanding Distribution
For the Drug Manufacturers industry and Healthcare sector, AbbVie's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where AbbVie's Days Sales Outstanding falls into.
AbbVie Days Sales Outstanding Calculation
Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AbbVie (NYSE:ABBV) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
AbbVie Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of AbbVie's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
AbbVie is a pharmaceutical firm with a strong exposure to immunology and oncology. The firm's top drug, Humira, represents close to half of the company's current profits. The company was spun off from Abbott in early 2013. The recent acquisition of Allergan adds several new drugs in aesthetics and women's health.
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