Ametek Inc (AME)

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 4,464,700 4,463,700 4,391,870 4,334,640 4,212,480 4,160,290 4,143,970 4,078,955 4,005,268 3,924,002 3,868,804 3,793,341 3,633,900 3,421,474 3,204,777 2,961,260 2,996,515 3,084,722 3,175,279 3,344,237
Payables US$ in thousands — — — — — — — — — — — — — — — — — — — —
Payables turnover — — — — — — — — — — — — — — — — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,464,700K ÷ $—K
= —

The payables turnover ratio for Ametek Inc is not available for the provided periods from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric used to evaluate how efficiently a company manages its accounts payables by measuring how many times a company pays off its average accounts payable balance during a specific period.

Without the specific data points for the accounts payable and cost of goods sold, we are unable to calculate the payables turnover ratio for Ametek Inc. However, a high payables turnover ratio typically indicates that a company is efficiently managing its payables, while a low ratio may suggest potential liquidity issues or inefficient payment practices.

To provide a more detailed analysis of the payables turnover ratio for Ametek Inc, the financial statements with the necessary data points for accounts payable and cost of goods sold for the respective periods would be required to make a meaningful assessment of the company's payables management efficiency.