Globus Medical (GMED)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 1,035,480 548,174 263,725 239,223 217,463
Payables US$ in thousands — — — — —
Payables turnover — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $1,035,480K ÷ $—K
= —

Based on the provided data for Globus Medical, the payables turnover ratio is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. This means that we do not have specific information on how efficiently the company is managing its accounts payable during those periods. The payables turnover ratio is a key metric that helps assess how quickly a company pays off its suppliers. In the absence of this data, we are unable to evaluate Globus Medical's payment practices and the efficiency of its working capital management in relation to its suppliers.