Dover Corporation (DOV)
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 | 5,078,740 | 5,214,590 | 5,354,480 | 5,344,250 | 5,353,490 | 5,406,350 | 5,431,640 | 5,467,820 | 5,444,530 | 5,339,430 | 5,217,580 | 5,099,650 | 4,937,290 | 4,798,480 | 4,624,320 | 4,312,397 | 4,209,747 | 4,205,077 | 4,267,407 | 4,457,940 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,078,740K ÷ $—K
= —
The payables turnover ratio for Dover Corporation is not available for the period from March 31, 2020, to December 31, 2024, based on the provided data. As a key liquidity metric, the payables turnover ratio measures how efficiently a company pays its suppliers by comparing the cost of goods sold to average accounts payable. A higher payables turnover ratio indicates faster payment to suppliers, while a lower ratio suggests a longer period of outstanding payables. Without specific values for the payables turnover ratio, it is challenging to assess Dover Corporation's ability to manage its outstanding obligations to suppliers and the efficiency of its working capital management. Monitoring this ratio over time would provide valuable insights into the company's liquidity management and supplier relationships.
Peer comparison
Dec 31, 2024