Amgen Inc (AMGN)
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 | 12,858,000 | 12,858,000 | 11,354,000 | 9,931,000 | 8,451,000 | 7,086,000 | 6,868,000 | 6,565,000 | 6,406,000 | 6,377,000 | 6,398,000 | 6,525,000 | 6,454,000 | 6,333,000 | 6,285,000 | 6,136,000 | 6,159,000 | 5,815,000 | 5,290,000 | 4,814,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $12,858,000K ÷ $—K
= —
The payables turnover ratio for Amgen Inc is not provided in the given data. Payables turnover ratio is a financial metric calculated by dividing the total purchases made by a company by its average accounts payable balance.
This ratio helps in assessing how efficiently a company is managing its payments to suppliers. A higher payables turnover ratio indicates that the company is paying its suppliers more frequently, which could be a sign of strong liquidity and good vendor relationships. On the other hand, a lower ratio may suggest that the company is taking longer to pay its suppliers, potentially indicating cash flow problems or strained supplier relationships.
Without the specific data for Amgen Inc's payables turnover ratio, it is not possible to analyze this aspect of the company's financial performance.
Peer comparison
Dec 31, 2024