Advanced Energy Industries Inc (AEIS)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 952,699 | 1,063,410 | 1,169,920 | 923,632 | 873,957 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $952,699K ÷ $—K
= —
The data provided for Advanced Energy Industries Inc's payables turnover indicates that the specific ratios for the years from December 31, 2020, to December 31, 2024, are not available (denoted by "—"). Without this information, we are unable to calculate or analyze the payables turnover ratio for this company over the specified period. Payables turnover ratio is a key financial metric that provides insight into a company's ability to efficiently manage its trade credit obligations. It is calculated by dividing the net credit purchases by the average accounts payable balance. A higher payables turnover ratio typically indicates that the company is paying its suppliers more quickly, while a lower ratio may suggest extended payment periods or potential liquidity issues. In the absence of the specific data points, a thorough analysis or interpretation of the trend in Advanced Energy Industries Inc's payables turnover performance over the years is not feasible.
Peer comparison
Dec 31, 2024