Avanos Medical Inc (AVNS)

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 306,500 300,800 299,100 294,600 310,500 335,200 351,400 367,900 370,900 366,800 368,500 381,100 380,300 379,900 376,100 352,600 341,500 325,500 312,000 308,300
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $306,500K ÷ $—K
= —

The payables turnover ratio for Avanos Medical Inc is not available for the period specified in the data provided. This ratio measures how efficiently a company is managing its accounts payable by comparing the cost of goods sold to the average accounts payable balance.

The absence of data for the payables turnover ratio restricts our ability to assess the company's ability to pay its suppliers promptly and effectively utilize its working capital. A higher payables turnover ratio typically indicates that the company is paying its suppliers quickly, which could be positive in terms of maintaining good supplier relationships. Conversely, a lower ratio may suggest that the company is taking longer to settle its payables, which can impact its liquidity and possibly indicate inefficiencies in managing its working capital.

Without the specific payables turnover ratio values, it is challenging to provide a more detailed analysis of how Avanos Medical Inc is performing in terms of managing its accounts payable. Monitoring this ratio over time can provide insights into the company's operational efficiency and supplier management practices.