Stock Analysis on Net

Gilead Sciences Inc. (NASDAQ:GILD)

Analysis of Geographic Areas

Microsoft Excel

Area Asset Turnover

Gilead Sciences Inc., asset turnover by geographic area

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
U.S. 4.14 4.19 4.63 4.79 4.76
International 12.27 8.63 8.35 7.22 7.34

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Area activity ratio Geographic area The company
Area asset turnover U.S. U.S. area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023.
International International area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Area Asset Turnover: U.S.

Gilead Sciences Inc.; U.S.; area asset turnover calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Revenues 19,438 18,884 19,267 18,217 16,645
Property, plant and equipment, net 4,691 4,502 4,158 3,800 3,500
Area Activity Ratio
Area asset turnover1 4.14 4.19 4.63 4.79 4.76

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Area asset turnover = Revenues ÷ Property, plant and equipment, net
= 19,438 ÷ 4,691 = 4.14

Area activity ratio Geographic area The company
Area asset turnover U.S. U.S. area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Area Asset Turnover: International

Gilead Sciences Inc.; International; area asset turnover calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Revenues 7,678 8,397 8,038 6,472 5,804
Property, plant and equipment, net 626 973 963 897 791
Area Activity Ratio
Area asset turnover1 12.27 8.63 8.35 7.22 7.34

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Area asset turnover = Revenues ÷ Property, plant and equipment, net
= 7,678 ÷ 626 = 12.27

Area activity ratio Geographic area The company
Area asset turnover International International area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Revenues

Gilead Sciences Inc., revenues by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
U.S. 19,438 18,884 19,267 18,217 16,645
International 7,678 8,397 8,038 6,472 5,804
Total 27,116 27,281 27,305 24,689 22,449

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).


Property, plant and equipment, net

Gilead Sciences Inc., property, plant and equipment, net by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
U.S. 4,691 4,502 4,158 3,800 3,500
International 626 973 963 897 791
Total 5,317 5,475 5,121 4,697 4,291

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).