Grid Dynamics Holdings Inc (GDYN)
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 | 223,566 | 210,287 | 204,848 | 200,411 | 199,764 | 198,105 | 197,329 | 196,766 | 189,892 | 180,805 | 164,981 | 144,386 | 123,552 | 102,206 | 84,717 | 70,820 | 69,662 | 71,135 | 73,583 | 76,798 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $223,566K ÷ $—K
= —
The payables turnover ratio for Grid Dynamics Holdings Inc is not provided in the provided data for the periods from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric used to assess how efficiently a company pays its suppliers. It is calculated by dividing the total purchases by the average accounts payable during a specific period.
The absence of payables turnover data limits our ability to analyze the company's management of its accounts payable. Without this ratio, it is challenging to evaluate Grid Dynamics Holdings Inc's ability to manage its trade credit effectively, negotiate favorable payment terms with suppliers, and optimize its working capital.
To perform a comprehensive analysis of the payables turnover for Grid Dynamics Holdings Inc, additional financial data for the relevant periods would be required. It is essential to monitor payables turnover over time to understand changes in the company's payment practices and relationships with suppliers, which can impact its liquidity, cash flow, and overall financial performance.
Peer comparison
Dec 31, 2024