Bentley Systems Inc (BSY)

Payables turnover

Jun 30, 2025 Mar 31, 2025 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
Cost of revenue (ttm) US$ in thousands 275,380 268,819 274,003 273,888 273,732 269,742 266,083 260,637 255,144 248,412 237,013 234,229 229,278 223,035 216,539 207,535 195,931 179,185 167,155 156,493
Payables US$ in thousands 24,480 24,498 16,479 30,514 23,901 23,568 18,094 26,389 37,423 28,781 15,176 16,860 16,395 19,058 16,483 12,502 14,891 15,947 16,492 15,086
Payables turnover 11.25 10.97 16.63 8.98 11.45 11.45 14.71 9.88 6.82 8.63 15.62 13.89 13.98 11.70 13.14 16.60 13.16 11.24 10.14 10.37

June 30, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $275,380K ÷ $24,480K
= 11.25