Globus Medical (GMED)

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 1,124,940 1,126,989 961,788 748,512 548,174 353,279 283,386 275,383 263,725 254,930 247,987 243,363 239,223 238,286 236,829 223,626 217,463 205,364 193,654 187,001
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,124,940K ÷ $—K
= —

The payables turnover ratio for Globus Medical for the periods from March 31, 2020, to December 31, 2024, is not available as the data is marked as not disclosed or unavailable. Payables turnover ratio indicates how efficiently a company is managing its payments to suppliers and vendors. Without the specific values for payables turnover, it is challenging to assess the company's ability to pay off its suppliers timely or the efficiency of its working capital management. Investors and analysts typically use this ratio to evaluate a company's liquidity and operational efficiency, so the absence of this data for Globus Medical limits a comprehensive analysis of its payables management.