Align Technology Inc (ALGN)

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 1,188,894 1,174,372 1,175,412 1,163,624 1,151,951 1,152,009 1,126,050 1,119,480 1,100,860 1,103,582 1,093,153 1,063,429 1,017,229 954,750 894,056 769,772 708,706 662,478 632,209 672,631
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,188,894K ÷ $—K
= —

The payables turnover ratio for Align Technology Inc is not available as there is no data provided for accounts payable and cost of goods sold to calculate this ratio. Payables turnover ratio measures how efficiently a company is managing its payments to suppliers and is calculated by dividing the total purchases by the average accounts payable during a period. A higher payables turnover ratio indicates that the company is paying its suppliers more quickly, which may suggest good liquidity or strong supplier relationships. On the other hand, a low ratio may indicate potential problems with cash flow management or inefficiencies in the payables process. Without the necessary data, it is not possible to assess Align Technology Inc's payables turnover performance at this time.


See also:

Align Technology Inc Payables Turnover (Quarterly Data)