Axcelis Technologies Inc (ACLS)

Payables turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Cost of revenue (ttm) US$ in thousands 563,212 599,410 615,458 625,622 639,302 623,440 586,652 554,381 518,209 477,879 452,207 413,471 375,983 329,007 291,069 278,875 275,976 270,159 246,787 218,277
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $563,212K ÷ $—K
= —

The payables turnover ratio for Axcelis Technologies Inc is not available for the specified periods, as indicated by the data provided. The payables turnover ratio is a financial metric that indicates how efficiently a company pays its suppliers. It is calculated by dividing the total purchases made by a company by its average accounts payable during a specific period.

Without the specific values of purchases and accounts payable for the given periods, we are unable to calculate the payables turnover ratio for Axcelis Technologies Inc. The payables turnover ratio is important as it helps in assessing the management of trade credit by the company and its liquidity position. A higher turnover ratio indicates that the company is paying its suppliers promptly, while a low ratio may suggest issues with cash flow or poor management of payables.

In conclusion, the absence of data on payables turnover for Axcelis Technologies Inc limits our ability to provide a detailed analysis of its supplier payment efficiency.


Peer comparison

Dec 31, 2024

Company name
Symbol
Payables turnover
Axcelis Technologies Inc
ACLS
Azenta Inc
AZTA
20.13
Lam Research Corp
LRCX
14.56
Veeco Instruments Inc
VECO