Cytek Biosciences Inc (CTKB)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 89,347 83,589 63,062 48,806 41,129
Payables US$ in thousands — — — — —
Payables turnover — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $89,347K ÷ $—K
= —

The payables turnover ratio for Cytek Biosciences Inc has been consistently reported as "—" for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. This indicates that the company's financial statements do not provide the necessary data to calculate the payables turnover ratio, which is typically used to assess how efficiently a business manages its accounts payable in relation to its purchases. It is important for Cytek Biosciences Inc to provide more detailed financial information in order to evaluate its payables turnover and overall liquidity management.