Dover Corporation (DOV)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,787,290 | 5,353,500 | 5,444,530 | 4,937,300 | 4,209,740 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,787,290K ÷ $—K
= —
Based on the provided data, it appears that there is no information available for Dover Corporation's payables turnover ratio for the years 2020 through 2024. The absence of this data makes it challenging to assess the efficiency with which the company is managing its accounts payable during this period. Payables turnover ratio is an important metric that reflects how quickly a company pays off its trade payables, and its absence in the financial statements raises questions about Dover Corporation's working capital management and supplier relationships during these years. It is recommended that further investigation be conducted to gain insights into the company's payables turnover and its impact on its financial performance.
Peer comparison
Dec 31, 2024