AbbVie Inc (ABBV)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 56,334,000 | 55,533,000 | 55,000,000 | 54,403,000 | 54,318,000 | 55,138,000 | 56,023,000 | 56,741,000 | 58,054,000 | 57,819,000 | 57,349,000 | 56,725,000 | 56,197,000 | 55,169,000 | 53,729,000 | 50,195,000 | 45,804,000 | 40,650,000 | 36,227,000 | 34,057,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $56,334,000K ÷ $—K
= —
Based on the provided data, AbbVie Inc's receivables turnover ratio is not available for any of the specified reporting dates ranging from March 31, 2020, to December 31, 2024. The receivables turnover ratio is a financial metric used to assess how efficiently a company is managing its accounts receivable in generating sales revenue.
In the absence of specific values for this ratio, it is challenging to evaluate AbbVie Inc's effectiveness in collecting outstanding receivables from its customers. A higher receivables turnover ratio generally indicates that the company is collecting payments from its customers quickly, which is a positive sign of liquidity and efficient credit management.
Without the actual figures for the receivables turnover ratio, it is not possible to draw detailed conclusions about AbbVie Inc's performance in this area. It may be advisable to seek additional financial information or historical data to conduct a more thorough analysis and gain insights into the company's receivables management practices.
Peer comparison
Dec 31, 2024