ANI Pharmaceuticals Inc (ANIP)

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 279,593 267,927 252,953 222,842 196,707 164,419 149,212 142,222 138,785 136,357 127,876 114,896 100,610 91,252 86,957 85,338 87,157 80,412 75,296 70,233
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $279,593K ÷ $—K
= —

The payables turnover ratio for ANI Pharmaceuticals Inc is not provided in the financial data available. The payables turnover ratio is a liquidity ratio that measures how efficiently a company manages its trade credit by comparing the amount of purchases a company makes on credit to the average accounts payable balance. It provides insight into how quickly a company pays off its suppliers.

Without the specific data on payables turnover, we are unable to analyze ANI Pharmaceuticals Inc's efficiency in managing its accounts payable and how promptly it pays its suppliers. This ratio is valuable in assessing the company's relationship with its suppliers and its cash flow management. It is advisable for stakeholders to closely monitor this ratio to understand the company's liquidity position and ability to meet its short-term obligations.