CTS Corporation (CTS)
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 | 326,237 | 329,332 | 334,847 | 345,881 | 359,563 | 368,210 | 378,624 | 377,318 | 376,331 | 368,914 | 347,069 | 335,824 | 328,305 | 324,772 | 324,923 | 300,664 | 285,004 | 281,017 | 282,740 | 304,590 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $326,237K ÷ $—K
= —
The payables turnover ratio for CTS Corporation is unavailable for the period spanning from March 31, 2020, to December 31, 2024, as indicated by the absence of specific data points in the provided information. The payables turnover ratio typically measures how efficiently a company is managing its payables by evaluating the number of times a company pays off its average accounts payable balance during a period.
Without the actual payables turnover figures, a detailed analysis of this particular ratio for CTS Corporation over the specified period cannot be performed. It is advisable to monitor this ratio over time to assess the company's ability to effectively manage its accounts payable and its relationships with suppliers. Additionally, understanding the trends and fluctuations in this ratio can provide insights into the company's liquidity management and payment practices.
Peer comparison
Dec 31, 2024