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.
Peer comparison
Dec 31, 2024