Godaddy Inc (GDDY)
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 | 1,755,100 | 1,848,500 | 1,805,200 | 1,752,200 | 1,686,600 | 1,550,900 | 1,528,300 | 1,500,400 | 1,484,500 | 1,478,200 | 1,449,700 | 1,421,200 | 1,372,200 | 1,300,900 | 1,245,300 | 1,202,700 | 1,158,600 | 1,127,500 | 1,102,300 | 1,067,500 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,755,100K ÷ $—K
= —
The payables turnover ratio for Godaddy Inc is unavailable for all the periods provided in the data. The payables turnover ratio is a financial metric that measures how efficiently a company pays its suppliers in relation to its credit purchases. This ratio is calculated by dividing the total purchases by the average accounts payable balance.
Without the specific figures for accounts payable and purchases, we are unable to calculate the payables turnover ratio for Godaddy Inc. However, a low payables turnover ratio may indicate that the company is taking longer to pay its suppliers, potentially straining relationships and leading to higher costs or even supply chain disruptions. On the other hand, a very high payables turnover ratio could suggest that the company is not taking advantage of favorable credit terms or is paying suppliers too quickly, possibly impacting cash flow management.
In the absence of the data, it is recommended that investors and analysts monitor the payables turnover ratio along with other key financial ratios to assess the company's liquidity, efficiency, and overall financial health.
Peer comparison
Dec 31, 2024