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Sandoz Group AG (Sandoz Group AG) Accounts Payable : $1,593 Mil (As of Dec. 2023)


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What is Sandoz Group AG Accounts Payable?

Sandoz Group AG's Accounts Payable for the quarter that ended in Dec. 2023 was $1,593 Mil.

Sandoz Group AG's quarterly Accounts Payable increased from . 20 ($0 Mil) to Dec. 2022 ($1,100 Mil) and increased from Dec. 2022 ($1,100 Mil) to Dec. 2023 ($1,593 Mil).

Sandoz Group AG's annual Accounts Payable increased from . 20 ($0 Mil) to Dec. 2022 ($1,100 Mil) and increased from Dec. 2022 ($1,100 Mil) to Dec. 2023 ($1,593 Mil).


Sandoz Group AG Accounts Payable Historical Data

The historical data trend for Sandoz Group AG's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sandoz Group AG Accounts Payable Chart

Sandoz Group AG Annual Data
Trend Dec22 Dec23
Accounts Payable
1,100.00 1,593.00

Sandoz Group AG Quarterly Data
Dec22 Dec23
Accounts Payable 1,100.00 1,593.00

Sandoz Group AG Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.


Sandoz Group AG Accounts Payable Related Terms

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Sandoz Group AG (Sandoz Group AG) Business Description

Traded in Other Exchanges
Address
Forum 1, Novartis Campus, Basel, CHE, CH-4056
Sandoz is one of the largest generic pharmaceutical manufacturers in the world, generating over $9 billion annually from off-patent drugs. Once part of Novartis, Sandoz spun off and went public in October 2023. Generics, including small molecules and complex injectables, make up roughly 75% of Sandoz's total sales, and the firm has a significant presence in Europe, the United States, and other key international markets. Sandoz generates its remaining sales from biosimilars and is among leaders in the space. Sandoz launched Europe's first biosimilar, Omnitrope, in 2006 as well as U.S.'s first biosimilar, Zarxio, in 2015. It currently has eight commercialized biosimilars in a number of markets and has over 20 assets in pipeline.

Sandoz Group AG (Sandoz Group AG) Headlines

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