Bio-Rad Laboratories Inc (BIO)
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 | 1,186,437 | 1,176,221 | 1,178,836 | 1,214,706 | 1,244,779 | 1,262,686 | 1,273,253 | 1,249,744 | 1,231,819 | 1,230,396 | 1,233,002 | 1,252,217 | 1,281,884 | 1,279,800 | 1,250,138 | 1,179,697 | 1,107,804 | 1,072,109 | 1,045,764 | 1,066,722 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,186,437K ÷ $—K
= —
The payables turnover ratio for Bio-Rad Laboratories Inc from March 31, 2020, to December 31, 2024, is not available as the data provided shows the value as "—". This ratio is typically calculated by dividing the cost of goods sold by the average accounts payable over a specific period.
The payables turnover ratio is an important metric that indicates how efficiently a company is managing its accounts payable by measuring how quickly it pays off its suppliers. A higher payables turnover ratio suggests that the company is paying its suppliers more quickly, which could indicate strong liquidity and good relationships with suppliers. Conversely, a lower ratio may imply that the company is taking longer to pay its bills, which could potentially strain supplier relationships.
Without the specific values for the payables turnover ratio over the specified period, it is not possible to analyze Bio-Rad Laboratories Inc's efficiency in managing its payables. Monitoring this ratio over time can provide insights into the company's payment practices and relationships with its suppliers.
Peer comparison
Dec 31, 2024