ESAB Corp (ESAB)
Payables turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,759,020 | 1,707,950 |
| Payables | US$ in thousands | 306,593 | 316,265 |
| Payables turnover | 5.74 | 5.40 |
December 31, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,759,020K ÷ $306,593K
= 5.74
Peer comparison
Dec 31, 2023