Dropbox Inc (DBX)

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	445,100	446,300	454,400	467,500	478,500	472,300	462,400	448,100	444,200	444,200	446,500	447,800	444,200	434,200	425,400	420,800	414,600	413,700	415,300	415,700
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $445,100K ÷ $—K
= —

The payables turnover ratio for Dropbox Inc has been reported as "—", indicating that no specific figures for payables turnover are available for the periods mentioned. Without this data, it is challenging to assess how efficiently Dropbox is managing its accounts payable in relation to its cost of goods sold or total purchases. This ratio is typically used to evaluate how many times a company pays off its accounts payable balance in a given period, reflecting its liquidity and efficiency in managing vendor payments.

In the absence of specific payables turnover figures, it is recommended to monitor this ratio in future financial report releases to gauge Dropbox's ability to effectively manage its trade payables and maintain positive supplier relationships. A higher payables turnover ratio generally indicates that the company is paying its suppliers more quickly, while a lower ratio may suggest a slower payment cycle, potentially impacting credit terms and relationships with vendors.