CONMED Corporation (CNMD)
Payables turnover
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 592,554 | 587,670 | 586,483 | 575,851 | 566,344 | 542,633 | 529,587 | 508,038 | 474,227 | 473,337 | 456,385 | 444,709 | 442,601 | 441,800 | 439,416 | 411,535 | 402,158 | 407,734 | 407,076 | 428,293 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $592,554K ÷ $—K
= —
The payables turnover ratio for CONMED Corporation is not provided in the data for the periods from March 31, 2020, to December 31, 2024. The payables turnover ratio measures how efficiently a company pays its suppliers by analyzing how many times a company pays off its accounts payable during a specific period. Without this data, we are unable to assess CONMED's ability to manage its accounts payable effectively and efficiently. It's important to note that a higher payables turnover ratio typically indicates that a company is paying its suppliers promptly, whereas a lower ratio may suggest that a company is taking longer to settle its payables.
Peer comparison
Dec 31, 2024