Enovis Corp (ENOV)
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 | 1,010,589 | 947,763 | 860,772 | 763,702 | 716,418 | 702,747 | 696,179 | 695,247 | 1,117,298 | 1,544,885 | 1,937,915 | 2,325,648 | 2,240,645 | 2,109,535 | 2,010,326 | 1,822,656 | 1,782,664 | 1,801,757 | 1,818,323 | 1,971,638 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,010,589K ÷ $—K
= —
Based on the provided data, the payables turnover for Enovis Corp is indicated as "—", denoting that the specific figures for this financial ratio are not available for any of the periods from March 31, 2020, to December 31, 2024. The payables turnover ratio typically measures how efficiently a company is managing its payables by calculating how many times a company pays off its average accounts payable balance over a specific period.
Without specific values for the payables turnover ratio, it is challenging to provide a detailed analysis of Enovis Corp's payables management efficiency. However, in a general context, a high payables turnover ratio indicates that the company is paying its suppliers quickly, which can potentially strain cash flow but also signal good supplier relationships. On the other hand, a low payables turnover ratio may suggest that the company is taking longer to pay its bills, potentially having a negative impact on supplier relationships but positively impacting cash flow.
Given the lack of data on payables turnover for Enovis Corp, it is recommended to monitor this ratio in future financial statements to assess the company's ability to manage its payables effectively and efficiently.
Peer comparison
Dec 31, 2024