Diodes Incorporated (DIOD)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 875,258 1,003,560 1,173,340 1,134,800 798,094
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $875,258K ÷ $—K
= —

The payables turnover ratio for Diodes Incorporated is not provided for the years 2020, 2021, 2022, 2023, and 2024 based on the available data. Payables turnover is a key financial metric that indicates how efficiently a company is managing its accounts payable. Generally, a higher payables turnover ratio signifies that the company is paying its suppliers quickly, while a low ratio may indicate potential liquidity issues or inefficiencies in managing payables. Without the specific values for the payables turnover ratio, it is challenging to evaluate Diodes Incorporated's ability to effectively manage its accounts payable during the specified years. Further data would be necessary to assess the company's payables turnover performance in detail.