Align Technology Inc (ALGN)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,199,850 | 1,155,400 | 1,100,860 | 1,017,230 | 708,706 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,199,850K ÷ $—K
= —
Based on the provided data, the payables turnover for Align Technology Inc is not available for the years 2020 to 2024. As a result, we are unable to analyze the efficiency with which the company is managing its accounts payable during these years. The payables turnover ratio is a crucial metric that indicates how many times a company pays off its average accounts payable balance over a specific period, providing insights into the company's liquidity and operational efficiency. Without this data, it is challenging to assess the company's ability to handle its accounts payable effectively.
Peer comparison
Dec 31, 2024