Bio-Rad Laboratories Inc (BIO)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,187,600 | 1,244,320 | 1,234,920 | 1,281,880 | 1,107,800 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,187,600K ÷ $—K
= —
The payables turnover ratio for Bio-Rad Laboratories Inc appears to be unavailable for the years under consideration. This could be due to specific circumstances related to reporting or data availability. Payables turnover ratio is a key metric used to assess how efficiently a company is managing its outstanding payments to suppliers. It indicates how many times a company is able to pay off its accounts payable during a specific period.
Without the specific data for Bio-Rad Laboratories Inc's payables turnover ratio, it is challenging to analyze its ability to manage its outstanding supplier payments effectively. It is essential for stakeholders to consider other financial ratios and metrics to form a comprehensive assessment of the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024