Elanco Animal Health (ELAN)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,530,000 | 2,479,000 | 2,441,000 | 2,688,000 | 2,026,500 |
| Payables | US$ in thousands | 296,000 | 270,000 | 390,000 | 416,000 | 501,000 |
| Payables turnover | 8.55 | 9.18 | 6.26 | 6.46 | 4.04 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,530,000K ÷ $296,000K
= 8.55