Dropbox Inc (DBX)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 445,100 | 478,500 | 444,200 | 444,200 | 414,600 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $445,100K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for Dropbox Inc is not available for the years 2020, 2021, 2022, 2023, and 2024. The payables turnover ratio is typically used to evaluate how efficiently a company is managing its outstanding payments to suppliers.
Without specific values for the payables turnover ratio, it is difficult to assess Dropbox Inc's efficiency in paying its suppliers within a given period. This ratio is crucial as it indicates how quickly a company is paying off its trade payables, which can provide insights into its liquidity and working capital management.
It is recommended that further financial information be obtained to calculate the payables turnover ratio for Dropbox Inc to better understand the company's payment practices and operational efficiency.
Peer comparison
Dec 31, 2024