Calix Inc (CALX)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 377,924 | 521,277 | 432,399 | 322,807 | 274,220 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $377,924K ÷ $—K
= —
As per the provided data, Calix Inc's payables turnover ratio is not available for the years 2020 to 2024. A payables turnover ratio indicates how efficiently a company is managing its accounts payable by comparing the cost of goods sold to its average accounts payable during a specific period.
Without the specific data on payables turnover, it is challenging to assess the efficiency of Calix Inc in managing its payables during these years. Companies typically aim for a higher payables turnover ratio, as it suggests they are paying their suppliers promptly or efficiently utilizing trade credit terms.
In the absence of this ratio, further analysis or additional information is needed to evaluate the company's liquidity management, supplier relationships, and overall financial health related to its accounts payable cycle.
Peer comparison
Dec 31, 2024