Allergan PLC (AGN)

Annual Data

Quarterly Data

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

Ratios (Summary)
Inventory Turnover
Receivables Turnover
Working Capital Turnover
Average Inventory Processing Period
Average Receivable Collection Period
Operating Cycle

Allergan PLC, short-term (operating) activity ratios (quarterly data)

		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	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013
	Turnover Ratios
	Inventory turnover
	Receivables turnover
	Working capital turnover
	Average No. of Days
	Average inventory processing period
	Add: Average receivable collection period
	Operating cycle

Source: Based on data from Allergan PLC Quarterly and Annual Reports

Ratio	Description	The company
Inventory turnover	An activity ratio calculated as cost of goods sold divided by inventory.	Allergan PLC's inventory turnover deteriorated from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018.
Receivables turnover	An activity ratio equal to revenue divided by receivables.	Allergan PLC's receivables turnover improved from Q4 2017 to Q1 2018 but then slightly deteriorated from Q1 2018 to Q2 2018.
Working capital turnover	An activity ratio calculated as revenue divided by working capital.	Allergan PLC's working capital turnover improved from Q4 2017 to Q1 2018 but then deteriorated significantly from Q1 2018 to Q2 2018.
Average inventory processing period	An activity ratio equal to the number of days in the period divided by inventory turnover over the period.
Average receivable collection period	An activity ratio equal to the number of days in the period divided by receivables turnover.	Allergan PLC's average receivable collection period improved from Q4 2017 to Q1 2018 but then slightly deteriorated from Q1 2018 to Q2 2018.
Operating cycle	Equal to average inventory processing period plus average receivables collection period.	Allergan PLC's operating cycle improved from Q4 2017 to Q1 2018 but then slightly deteriorated from Q1 2018 to Q2 2018 not reaching Q4 2017 level.

Allergan PLC, inventory turnover calculation (quarterly data)

		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	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013
	Selected Financial Data (USD $ in thousands)
	Cost of sales, excludes amortization and impairment of acquired intangibles including product rights
	Inventories
	Ratio
	Inventory turnover¹

Source: Based on data from Allergan PLC Quarterly and Annual Reports

Q2 2018 Calculations

¹ Inventory turnover = (Cost of sales, excludes amortization and impairment of acquired intangibles including product rights_{Q2 2018} + Cost of sales, excludes amortization and impairment of acquired intangibles including product rights_{Q1 2018} + Cost of sales, excludes amortization and impairment of acquired intangibles including product rights_{Q4 2017} + Cost of sales, excludes amortization and impairment of acquired intangibles including product rights_{Q3 2017}) ÷ Inventories
= ( hidden + hidden + hidden + hidden ) ÷ hidden = hidden

Ratio	Description	The company
Inventory turnover	An activity ratio calculated as cost of goods sold divided by inventory.	Allergan PLC's inventory turnover deteriorated from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018.

Allergan PLC, receivables turnover calculation (quarterly data)

		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	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013
	Selected Financial Data (USD $ in thousands)
	Net revenues
	Accounts receivable, net
	Ratio
	Receivables turnover¹

Source: Based on data from Allergan PLC Quarterly and Annual Reports

Q2 2018 Calculations

¹ Receivables turnover = (Net revenues_{Q2 2018} + Net revenues_{Q1 2018} + Net revenues_{Q4 2017} + Net revenues_{Q3 2017}) ÷ Accounts receivable, net
= ( hidden + hidden + hidden + hidden ) ÷ hidden = hidden

Ratio	Description	The company
Receivables turnover	An activity ratio equal to revenue divided by receivables.	Allergan PLC's receivables turnover improved from Q4 2017 to Q1 2018 but then slightly deteriorated from Q1 2018 to Q2 2018.

Allergan PLC, working capital turnover calculation (quarterly data)

		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	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013
	Selected Financial Data (USD $ in thousands)
	Current assets
	Less: Current liabilities
	Working capital
	Net revenues
	Ratio
	Working capital turnover¹

Source: Based on data from Allergan PLC Quarterly and Annual Reports

Q2 2018 Calculations

¹ Working capital turnover = (Net revenues_{Q2 2018} + Net revenues_{Q1 2018} + Net revenues_{Q4 2017} + Net revenues_{Q3 2017}) ÷ Working capital
= ( hidden + hidden + hidden + hidden ) ÷ hidden = hidden

Ratio	Description	The company
Working capital turnover	An activity ratio calculated as revenue divided by working capital.	Allergan PLC's working capital turnover improved from Q4 2017 to Q1 2018 but then deteriorated significantly from Q1 2018 to Q2 2018.

Allergan PLC, average inventory processing period calculation (quarterly data)

		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	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013
	Selected Financial Data
	Inventory turnover
	Ratio (no. of days)
	Average inventory processing period¹

Source: Based on data from Allergan PLC Quarterly and Annual Reports

Q2 2018 Calculations

¹ Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ hidden = hidden

Ratio	Description	The company
Average inventory processing period	An activity ratio equal to the number of days in the period divided by inventory turnover over the period.

Allergan PLC, average receivable collection period calculation (quarterly data)

		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	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013
	Selected Financial Data
	Receivables turnover
	Ratio (no. of days)
	Average receivable collection period¹

Source: Based on data from Allergan PLC Quarterly and Annual Reports

Q2 2018 Calculations

¹ Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ hidden = hidden

Ratio	Description	The company
Average receivable collection period	An activity ratio equal to the number of days in the period divided by receivables turnover.	Allergan PLC's average receivable collection period improved from Q4 2017 to Q1 2018 but then slightly deteriorated from Q1 2018 to Q2 2018.

Allergan PLC, operating cycle calculation (quarterly data)

No. of days

		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	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013
	Selected Financial Data
	Average inventory processing period
	Average receivable collection period
	Ratio
	Operating cycle¹

Source: Based on data from Allergan PLC Quarterly and Annual Reports

Q2 2018 Calculations

¹ Operating cycle = Average inventory processing period + Average receivable collection period
= hidden + hidden = hidden

Ratio	Description	The company
Operating cycle	Equal to average inventory processing period plus average receivables collection period.	Allergan PLC's operating cycle improved from Q4 2017 to Q1 2018 but then slightly deteriorated from Q1 2018 to Q2 2018 not reaching Q4 2017 level.

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Short-term (Operating) Activity AnalysisQuarterly Data

Ratios (Summary)

Inventory Turnover

Receivables Turnover

Working Capital Turnover

Average Inventory Processing Period

Average Receivable Collection Period

Operating Cycle

Short-term (Operating) Activity Analysis
Quarterly Data