Axcelis Technologies Inc (ACLS)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 563,211 639,303 518,208 375,983 275,976
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $563,211K ÷ $—K
= —

The payables turnover ratio for Axcelis Technologies Inc is unavailable for the years December 31, 2020 to December 31, 2024 as indicated by the values being "—". The payables turnover ratio is a crucial metric that indicates how efficiently a company is managing its accounts payable by comparing its purchases made on credit to the average accounts payable during a specific period. Without this information, it is challenging to assess how effectively Axcelis is handling its payables and managing its relationships with suppliers. Further data or context would be necessary to evaluate Axcelis' payables turnover performance in these years.


Peer comparison

Dec 31, 2024

Company name
Symbol
Payables turnover
Axcelis Technologies Inc
ACLS
Azenta Inc
AZTA
20.68
Lam Research Corp
LRCX
14.89
Veeco Instruments Inc
VECO