CEVA Inc (CEVA)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 12,768 | 11,648 | 27,052 | 16,827 | 10,749 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $12,768K ÷ $—K
= —
The provided data indicates that CEVA Inc's payables turnover for the years 2020, 2021, 2022, 2023, and 2024 is not available ("-"). This lack of information on payables turnover makes it challenging to assess the efficiency of the company in managing its accounts payable during these years. Payables turnover is a crucial ratio that sheds light on how quickly a company is paying off its suppliers, and a consistent or increasing trend in this ratio is generally seen as favorable.
Without actual figures for payables turnover, it is difficult to analyze whether CEVA Inc is efficiently managing its accounts payable and how it compares to industry benchmarks or previous performance. Additional financial data or context would be necessary to conduct a more in-depth analysis of CEVA Inc's payables turnover and its implications for the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024