Deluxe Corporation (DLX)
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 | 994,323 | 1,000,023 | 1,008,546 | 1,029,485 | 1,029,663 | 1,038,363 | 1,039,488 | 1,033,688 | 1,032,219 | 1,024,719 | 1,012,645 | 955,045 | 884,360 | 821,260 | 751,609 | 707,292 | 730,783 | 754,083 | 783,306 | 823,523 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $994,323K ÷ $—K
= —
Based on the provided data, Deluxe Corporation's payables turnover ratio is not available for any reporting period up to December 31, 2024. The payables turnover ratio is a crucial financial metric that indicates how efficiently a company is managing its accounts payable by comparing the purchases made on credit to the average accounts payable during a specific period.
The absence of data for the payables turnover ratio for Deluxe Corporation could be due to a variety of reasons, such as a lack of transparency in the financial statements or a deviation from the norm in terms of reporting practices. Without this key metric, it becomes challenging to assess the company's ability to efficiently manage its trade payables and negotiate favorable credit terms with its suppliers.
It is important for investors and stakeholders to monitor the payables turnover ratio over time to understand changes in the company's payment practices and supplier relationships. A high payables turnover ratio may indicate that the company is efficiently managing its accounts payable, while a low ratio may suggest potential liquidity issues or challenges in supplier management.
Overall, the absence of data on Deluxe Corporation's payables turnover ratio limits the ability to fully analyze the company's financial efficiency in managing its accounts payable effectively.