Harmonic Inc (HLIT)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 312,801 | 295,362 | 309,073 | 247,407 | 183,834 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $312,801K ÷ $—K
= —
The payables turnover ratio for Harmonic Inc appears to be unavailable for the years provided in the data: December 31, 2020 to December 31, 2024. This ratio, which measures how efficiently a company manages its outstanding payments to suppliers, is typically calculated by dividing the total purchases from suppliers by the average accounts payable during a specific period.
Without the specific values for payables turnover, it is challenging to assess how effectively Harmonic Inc pays its suppliers and manages its accounts payable. It is important for the company to regularly monitor this ratio to ensure optimal cash flow management and maintain positive relationships with its suppliers.
Peer comparison
Dec 31, 2024