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.