Dorman Products Inc (DORM)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 1,202,840 1,244,360 1,169,300 882,333 709,632
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $1,202,840K ÷ $—K
= —

The payables turnover ratio for Dorman Products Inc appears to be unavailable for the years 2020 to 2024 based on the provided data. The payables turnover ratio is a measure of how efficiently a company is managing its payables in relation to its purchases. A higher payables turnover ratio typically indicates that the company is paying off its suppliers more quickly, which can be a sign of strong liquidity or favorable credit terms. However, without specific data on Dorman Products Inc's payables turnover, it is challenging to assess the company's performance in this area over the specified time period.