Analysis of Geographic Areas
Gilead Sciences Inc. operates in 2 regions: U.S. and International.
Area Asset Turnover
Gilead Sciences Inc., asset turnover by geographic area
| 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
| 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
| 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
| 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
| 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).