Paying users zone. Data is covered by hidden.

  • Get to Allergan PLC for $15.99, or

  • get to entire website for at least 3 months from $49.99.

Visa Mastercard Maestro American Express Discover JCB    PayPal

Microsoft Excel LibreOffice Calc

Analysis of Revenues

Difficulty: Advanced

Revenue Recognition Accounting Policy

During the years ended December 31, 2017, 2016 and 2015, revenue from product sales was recognized when title and risk of loss to the product transfers to the customer, which is based on the transaction shipping terms. Recognition of revenue also requires reasonable assurance of collection of sales proceeds, the seller’s price to the buyer to be fixed or determinable and the completion of all performance obligations. Allergan warrants products against defects and for specific quality standards, permitting the return of products under certain circumstances. Product sales are recorded net of all sales-related deductions including, but not limited to: chargebacks, trade discounts, sales returns and allowances, commercial and government rebates, customer loyalty programs and fee-for-service arrangements with certain distributors.

Royalty and commission revenue is recognized as a component of net revenues in accordance with the terms of their respective contractual agreements when collectability is reasonably assured and when revenue can be reasonably measured.

Source: 10-K (filing date: 2018-02-16).

Revenues as Reported

Allergan PLC, Income Statement, Revenues

USD $ in thousands

Microsoft Excel LibreOffice Calc
12 months ended Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
US Specialized Therapeutics hidden hidden hidden hidden hidden
US General Medicine hidden hidden hidden hidden hidden
International hidden hidden hidden hidden hidden
Anda Distribution hidden hidden hidden hidden hidden
Segment net revenues hidden hidden hidden hidden hidden
Corporate revenues hidden hidden hidden hidden hidden
Net revenues hidden hidden hidden hidden hidden

Based on: 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-24), 10-K (filing date: 2016-02-26), 10-K (filing date: 2015-02-18), 10-K (filing date: 2014-02-25).

Item Description The company
Net revenues Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Allergan PLC’s net revenues declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.