Bentley Systems Inc (BSY)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 257,767 | 318,178 | 237,013 | 216,539 | 167,155 |
| Payables | US$ in thousands | 16,479 | 18,094 | 15,176 | 16,483 | 16,492 |
| Payables turnover | 15.64 | 17.58 | 15.62 | 13.14 | 10.14 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $257,767K ÷ $16,479K
= 15.64
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
Bentley Systems Inc
BSY
15.64
Guidewire Software Inc
GWRE
15.64
Q2 Holdings
QTWO
36.56