Abbott Laboratories (ABT)
Payables 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 18,630,000 | 18,671,000 | 18,578,000 | 18,491,000 | 18,385,000 | 17,995,000 | 18,019,000 | 18,469,000 | 19,142,000 | 19,315,000 | 19,109,000 | 19,123,000 | 18,537,000 | 18,264,000 | 17,807,000 | 16,123,000 | 15,003,000 | 13,944,000 | 13,336,000 | 13,352,000 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $18,630,000K ÷ $—K
= —
The payables turnover ratio for Abbott Laboratories is not available for the periods presented in the data. This ratio is typically used to evaluate how efficiently a company is managing its accounts payable in relation to its purchases. Without the specific figures for payables and cost of goods sold, we are unable to calculate or analyze the trend of this important financial metric for Abbott Laboratories. It is important for investors and stakeholders to monitor this ratio over time to assess the company's liquidity and relationship with its suppliers.
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
Abbott Laboratories
ABT
—
AbbVie Inc
ABBV
—
ACADIA Pharmaceuticals Inc
ACAD
—
Alkermes Plc
ALKS
19.54
Amphastar P
AMPH
11.74
ANI Pharmaceuticals Inc
ANIP
—
Arcus Biosciences Inc
RCUS
8.11
Biomarin Pharmaceutical Inc
BMRN
—
Bristol-Myers Squibb Company
BMY
8.79
Catalyst Pharmaceuticals Inc
CPRX
13.60
Collegium Pharmaceutical Inc
COLL
58.80