Balchem Corporation (BCPC)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 617,478 | 620,383 | 661,907 | 555,849 | 479,747 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $617,478K ÷ $—K
= —
Based on the provided data, Balchem Corporation's payables turnover ratio for the years ending December 31, 2020 through December 31, 2024 is not available (indicated as "—"). The payables turnover ratio is a measure of how effectively a company pays its suppliers. A higher payables turnover ratio usually indicates that the company is managing its payables efficiently by paying them off quickly.
Without specific values for the payables turnover ratio, it is not possible to assess Balchem Corporation's ability to manage its accounts payable effectively during the mentioned years. Further information or data would be necessary to analyze the company's payables turnover ratio and its implications for the company's financial health and operational efficiency over the given period.
Peer comparison
Dec 31, 2024