Balchem Corporation (BCPC)
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 | 617,478 | 617,517 | 616,342 | 619,158 | 620,383 | 630,569 | 653,002 | 663,916 | 661,907 | 647,082 | 608,180 | 586,281 | 555,849 | 530,677 | 512,514 | 487,571 | 479,747 | 468,033 | 453,848 | 443,509 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $617,478K ÷ $—K
= —
The payables turnover ratio for Balchem Corporation is not available for the period from March 31, 2020, to December 31, 2024, based on the provided data. The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its payables by comparing the cost of goods sold to its average accounts payable during a specific period.
Without the specific figures for accounts payable and cost of goods sold, it is difficult to assess the company's ability to pay its suppliers in a timely manner and manage its working capital effectively. Monitoring the payables turnover ratio over time can provide insight into the company's liquidity, operational efficiency, and relationship with its suppliers.
It is recommended that additional information be obtained to analyze Balchem Corporation's payables turnover ratio and its implications for the company's financial health and performance.
Peer comparison
Dec 31, 2024