CTS Corporation (CTS)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 326,621 | 359,563 | 376,331 | 328,306 | 285,003 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $326,621K ÷ $—K
= —
Based on the provided data for CTS Corporation, the payables turnover ratio is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. This could indicate a lack of information or specific financial statement details needed to calculate the payables turnover ratio accurately. It is essential to have the necessary data, such as accounts payable and cost of goods sold, to compute this ratio effectively. Without the payables turnover ratio, it is challenging to assess the company's efficiency in managing its accounts payable and supplier relationships over the given period.
Peer comparison
Dec 31, 2024