ideal current ratio for pharmaceutical industry

These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. . A higher ratio is favorable for the company as it indicates its efficiency in handling assets whereas a lower ratio indicates the opposite. This report advises NVS to pursue more market acquisition strategies in emerging markets. IRS. dos hermanos north market menu. Compensation/Net Sales is a measure of the companys officers compensation to sales. Copyright e-Eighteen.com Ltd. All rights reserved. Find your information in our database containing over 20,000 reports, largest national pharmaceutical market worldwide. This will give the average number of days your customer takes to pay their debts. Company Name, Ticker, Competitors, else.. Net Income/Employee The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". A higher than industry average current ratio indicates that the company has a considerable size of short-term assets value in comparison to their short-term liabilities. A current ratio of less than 1 indicates that a company has greater liabilities than its assets. The efficiency and turnover measures the ability of the company to manage its assets and liabilities efficiently for the company. The company was established in 1886 and headquartered at The U.S. Current and historical current ratio for Teva Pharmaceutical Industries (TEVA) from 2010 to 2022. All Industries: average industry financial ratios for U.S. listed companies Industry: All Industries Measure of center: median (recommended) average Financial ratio It is used to measure how much additional expenses (Depreciation, Amortization, Interest, Taxes, etc.) These cookies will be stored in your browser only with your consent. Around 15% of the total market supply of pharmaceuticals is produced in domestic markets. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Research firm MarketsandMarkets predicts that the global active pharmaceutical ingredient (API) market including chemical and biologic drug substances, both branded and generic will expand at a compound annual growth rate (CAGR) of 6.3%, and will climb from $157.95 billion in 2016 to $213.97 billion in 2021 (6). Current ratio, otherwise known as the working capital ratio, is a form of liquidity ratio that indicates a companys ability to pay back short-term obligations or the ones due within the next year. , For example, this ratio is likely to be used as a reliable measure of net sales vs fixed assets in a manufacturing company which invests heavily in fixed assets such as the property, plant, and equipment (PPE). Asset turnover ratio is the measure of a companys efficiency in using its assets to generate revenue. if(typeof(wpDataCharts)=='undefined'){wpDataCharts = {};}; wpDataCharts[527] = {render_data: {"options":{"title":{"text":"World Pharmaceutical Sales by Region 2010-2021","floating":false,"align":"center"},"series":[{"type":"","name":"World total","color":"","label":"World total","orig_header":"worldtotal","data":[780000,799000,810000,759000,826000,906000,916000,930000,972000,1059000,1101000,1186000],"yAxis":0},{"type":"","name":"United States","color":"","label":"United States","orig_header":"unitedstates","data":[315000,329000,326000,328000,369000,416000,437000,440000,467000,493000,515000,555000],"yAxis":0},{"type":"","name":"Emerging markets","color":"","label":"Emerging markets","orig_header":"emergingmarkets","data":[152000,151000,168000,160000,168000,183000,185000,198000,199000,207000,255000,285000],"yAxis":0},{"type":"","name":"Europe","color":"","label":"Europe","orig_header":"europe","data":[181000,204000,206000,177000,179000,197000,182000,177000,192000,207000,216000,228000],"yAxis":0},{"type":"","name":"Established ROW","color":"","label":"Established ROW","orig_header":"establishedrow","data":[131000,113000,110000,94000,110000,109000,113000,112000,113000,115000,115000,118000],"yAxis":0}],"xAxis":{"categories":[2010,2011,2012,2013,2014,2015,2016,2017,2018,2019,2020,2021],"title":{"text":"Region"},"crosshair":false},"yAxis":[{"gridLineDashStyle":"solid","title":{"text":"Sales in Million US$"},"crosshair":false},[],[],[],[]],"chart":{"backgroundColor":"","borderWidth":0,"borderColor":"","borderRadius":0,"zoomType":"none","panning":false,"panKey":"shift","plotBackgroundColor":"","plotBackgroundImage":"","plotBorderColor":"","plotBorderWidth":"","inverted":false},"subtitle":{"text":"","align":"center"},"tooltip":{"enabled":true,"backgroundColor":"rgba(255,255,255,0.85)","borderWidth":"1","borderColor":"","borderRadius":3,"shared":false,"valuePrefix":"","valueSuffix":""},"legend":{"enabled":true,"backgroundColor":"","title":{"text":""},"layout":"horizontal","align":"center","verticalAlign":"bottom","borderWidth":"0","borderColor":"","borderRadius":"0"},"exporting":{"enabled":false,"chartOptions":{"plotOptions":{"series":{"dataLabels":{"enabled":false}}}},"filename":"","width":"","buttons":{"contextButton":{"align":"right","verticalAlign":"top","symbolStroke":"#666","text":""}}},"credits":{"enabled":true,"href":"https:\/\/market.us\/","text":"\u00a9 Market.us 2022"}},"type":"highcharts_basic_column_chart","height":"400"}, engine: "highcharts", type: "highcharts_basic_column_chart", title: "World Pharmaceutical Sales by Region 2010-2021", container: "wpDataChart_527", follow_filtering: 0, wpdatatable_id: 620, group_chart: 0}. Lincoln Pharmaceuticals 5. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Artificial Intelligence. Pfizer, an American multinational pharmaceutical corporation, is headquartered in New York. Pharmaceutical companies are characterized by high capital expenditures, such as the amount that must be spent on R&D to create new drugs. 420 Lexington Avenue, Suite 300 . Share Price 965.2: Mar 02,2023 . Industry: Major Pharmaceutical Preparations,