Amkor Technology Inc (AMKR)
Payables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 5,384,480 | 5,559,910 | 5,761,600 | 4,912,780 | 4,149,780 |
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $5,384,480K ÷ $—K
= —
The payables turnover ratio for Amkor Technology Inc is not available for the years 2020, 2021, 2022, 2023, and 2024 based on the provided data. Payables turnover ratio is a key indicator of how efficiently a company manages its accounts payable by comparing the amount of purchases made on credit to the average accounts payable during a specific period. Without this ratio information, it is difficult to assess Amkor's ability to effectively manage its payables and its relationship with suppliers. A higher payables turnover ratio generally indicates that a company is paying its suppliers more quickly, which could indicate strong liquidity or good relations with vendors. Conversely, a lower ratio may suggest inefficiencies or potential cash flow issues.
Peer comparison
Dec 31, 2024