Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.

Ratios (Summary)
Net Fixed Asset Turnover
Total Asset Turnover
Equity Turnover

AbbVie Inc., long-term (investment) activity ratios (quarterly data)

		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Net fixed asset turnover
	Total asset turnover
	Equity turnover

Ratio	Description	The company
Net fixed asset turnover	An activity ratio calculated as total revenue divided by net fixed assets.	AbbVie Inc.’s net fixed asset turnover deteriorated from Q2 2018 to Q3 2018 but then improved from Q3 2018 to Q4 2018 exceeding Q2 2018 level.
Total asset turnover	An activity ratio calculated as total revenue divided by total assets.	AbbVie Inc.’s total asset turnover deteriorated from Q2 2018 to Q3 2018 but then improved from Q3 2018 to Q4 2018 exceeding Q2 2018 level.
Equity turnover	An activity ratio calculated as total revenue divided by shareholders’ equity.

AbbVie Inc., net fixed asset turnover calculation (quarterly data)

		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data (USD $ in millions)
	Net revenues
	Property and equipment, net
	Ratio
	Net fixed asset turnover¹

Q4 2018 Calculations

¹ Net fixed asset turnover = (Net revenues_{Q4 2018} + Net revenues_{Q3 2018} + Net revenues_{Q2 2018} + Net revenues_{Q1 2018}) ÷ Property and equipment, net
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Ratio	Description	The company
Net fixed asset turnover	An activity ratio calculated as total revenue divided by net fixed assets.	AbbVie Inc.’s net fixed asset turnover deteriorated from Q2 2018 to Q3 2018 but then improved from Q3 2018 to Q4 2018 exceeding Q2 2018 level.

AbbVie Inc., total asset turnover calculation (quarterly data)

		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data (USD $ in millions)
	Net revenues
	Total assets
	Ratio
	Total asset turnover¹

Q4 2018 Calculations

¹ Total asset turnover = (Net revenues_{Q4 2018} + Net revenues_{Q3 2018} + Net revenues_{Q2 2018} + Net revenues_{Q1 2018}) ÷ Total assets
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Ratio	Description	The company
Total asset turnover	An activity ratio calculated as total revenue divided by total assets.	AbbVie Inc.’s total asset turnover deteriorated from Q2 2018 to Q3 2018 but then improved from Q3 2018 to Q4 2018 exceeding Q2 2018 level.

AbbVie Inc., equity turnover calculation (quarterly data)

		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data (USD $ in millions)
	Net revenues
	Stockholders’ equity (deficit)
	Ratio
	Equity turnover¹

Q4 2018 Calculations

¹ Equity turnover = (Net revenues_{Q4 2018} + Net revenues_{Q3 2018} + Net revenues_{Q2 2018} + Net revenues_{Q1 2018}) ÷ Stockholders’ equity (deficit)
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Ratio	Description	The company
Equity turnover	An activity ratio calculated as total revenue divided by shareholders’ equity.

	AbbVie Inc.	Other companies (not purchased previously)
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Discounted Cash Flow (DCF) Valuation
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Long-term Trends
Analysis
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Discounted Cash Flow (DCF) Valuation
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AbbVie Inc. (ABBV)

Long-term (Investment) Activity Analysis
Quarterly Data

Ratios (Summary)

Net Fixed Asset Turnover

Total Asset Turnover

Equity Turnover

AbbVie Inc. (ABBV)

Long-term (Investment) Activity AnalysisQuarterly Data

Ratios (Summary)

Net Fixed Asset Turnover

Total Asset Turnover

Equity Turnover

Long-term (Investment) Activity Analysis
Quarterly Data