Amgen Inc (AMGN)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 12,858,000 8,451,000 6,406,000 6,454,000 6,159,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $12,858,000K ÷ $—K
= —

Based on the provided data for Amgen Inc, it appears that the payables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. This lack of information hinders a comprehensive analysis of how efficiently the company is managing its accounts payable. Knowing the payables turnover ratio would have helped assess how quickly Amgen is paying off its suppliers and managing its working capital. Without this data, it is challenging to evaluate the company's liquidity and efficiency in managing its payable obligations.


See also:

Amgen Inc Payables Turnover