Biomarin Pharmaceutical Inc (BMRN)

Payables turnover

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Cost of revenue (ttm) US$ in thousands 513,485 523,777 515,589 507,132 502,176 483,669 476,129 463,378 467,314 470,515 476,903 562,159 533,064 524,272 494,033 402,189 381,658 359,466 338,586 320,530
Payables US$ in thousands
Payables turnover

March 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $513,485K ÷ $—K
= —

To calculate Biomarin Pharmaceutical Inc's payables turnover, we need the values for accounts payable for consecutive quarters. Unfortunately, the provided table does not include the necessary data to compute the payables turnover ratio.

The payables turnover ratio is a liquidity metric that assesses how efficiently a company manages its accounts payable by comparing the amount of purchases made on credit to the average accounts payable outstanding during a period. A higher payables turnover ratio indicates that the company is paying its suppliers more quickly.

Without the specific accounts payable figures, it is not possible to analyze Biomarin Pharmaceutical Inc's payables turnover trend or make any conclusions regarding the company's payment efficiency over time.


Peer comparison

Mar 31, 2024