Cadence Design Systems Inc (CDNS)

Payables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	210,902	435,041	371,623	307,006	305,498
Payables	US$ in thousands	—	—	—	—	—
Payables turnover		—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $210,902K ÷ $—K
= —

Based on the provided data, the payables turnover ratio for Cadence Design Systems Inc is not available for the years 2020 to 2024. This indicates that the company's payables turnover information is not disclosed or not applicable for the given years. As a result, it is not possible to analyze the efficiency with which Cadence Design Systems manages its accounts payable during this period.