AbbVie (MIL:1ABBV) Change In Inventory : €-297 Mil (TTM As of Dec. 2024)

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What is AbbVie Change In Inventory?

AbbVie's change in inventory for the quarter that ended in Dec. 2024 was €-122 Mil. It means AbbVie's inventory increased by €122 Mil from Sep. 2024 to Dec. 2024 .

AbbVie's change in inventory for the fiscal year that ended in Dec. 2024 was €-305 Mil. It means AbbVie's inventory increased by €305 Mil from Dec. 2023 to Dec. 2024 .

AbbVie's Total Inventories for the quarter that ended in Dec. 2024 was €3,993 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AbbVie's Days Inventory for the quarter that ended in Dec. 2024 was 86.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. AbbVie's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.05.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. AbbVie's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.28.

AbbVie Change In Inventory Historical Data

The historical data trend for AbbVie's Change In Inventory 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.

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AbbVie Change In Inventory Chart

AbbVie Annual Data

Trend

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Dec24

Change In Inventory

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-32.88

-125.67

-647.58

-382.39

-304.65

AbbVie Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															88.03	-69.00	-48.31	-57.66	-122.24

AbbVie Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-297 Mil.

AbbVie (MIL:1ABBV) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

AbbVie's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4001.1525	/	4198.18	*	365 / 4
	=	86.97

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

AbbVie's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4198.18	/	4001.1525
	=	1.05

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

AbbVie's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4001.1525	/	14422.41
	=	0.28

AbbVie Change In Inventory Related Terms

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AbbVie Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » AbbVie Inc (MIL:1ABBV) » Definitions » Change In Inventory

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Address

1 North Waukegan Road, North Chicago, IL, USA, 60064-6400

Website

https://www.abbvie.com

AbbVie is a pharmaceutical firm with a strong exposure to immunology (with Humira, Skyrizi, and Rinvoq) and oncology (with Imbruvica and Venclexta). The company was spun off from Abbott in early 2013. The 2020 acquisition of Allergan added several new products and drugs in aesthetics (including Botox).

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