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