Heritage Financial Corporation (HFWA)
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 | -26,859 | -26,859 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $-26,859K ÷ $—K
= —
The payables turnover ratio for Heritage Financial Corporation is not available for the period from March 31, 2020, to December 31, 2024, as indicated by the data provided. The payables turnover ratio is a liquidity metric that measures how efficiently a company pays its suppliers in relation to its credit purchases. A higher payables turnover ratio indicates that the company is paying its suppliers more frequently, which can be an indicator of strong cash flow management.
In the absence of specific data points, it is difficult to assess Heritage Financial Corporation's payables turnover performance and its implications for the company's operational efficiency and financial health. It is recommended to monitor the company's payables turnover ratio over time to evaluate its ability to manage supplier payments effectively and to ensure sustainable cash flow management.