Duolingo Inc (DUOL)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 206,170 | 189,045 | 173,119 | 158,259 | 143,334 | 129,304 | 119,352 | 109,433 | 99,431 | 91,613 | 83,389 | 75,657 | 69,186 | 62,097 | 57,120 | 52,792 | 45,987 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $206,170K ÷ $—K
= —
The payables turnover ratio of Duolingo Inc for the period from December 31, 2020, to December 31, 2024, remains unreported ("—"). This ratio indicates how efficiently a company is managing its accounts payable by calculating how many times during a period the company pays off its average accounts payable balance. Without the specific data points for payables turnover, it is challenging to assess the company's ability to efficiently manage its payables or its relationship with suppliers. It is important for Duolingo Inc to disclose this information in future financial statements to provide better insights into its working capital management and vendor payment practices.
Peer comparison
Dec 31, 2024