ICU Medical Inc (ICUI)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 1,557,260 1,519,250 1,582,240 824,818 809,507
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $1,557,260K ÷ $—K
= —

Based on the provided data, it appears that payables turnover information for ICU Medical Inc is not available for the years December 31, 2020 to December 31, 2024. Payables turnover is a key financial ratio that indicates how efficiently a company is managing its trade payables by measuring the number of times a company pays off its average accounts payable balance during a period.

Without the payables turnover data, it is challenging to assess the company's ability to effectively manage its trade payables and whether there have been improvements or deteriorations in its payables management over the specified years. Payables turnover is a crucial metric in assessing liquidity and supplier relationships, so it would be beneficial to have this information for a comprehensive analysis of ICU Medical Inc's financial performance.