IDEXX Laboratories Inc (IDXX)
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 | ||
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Cost of revenue (ttm) | US$ in thousands | 1,516,856 | 1,508,662 | 1,496,702 | 1,484,784 | 1,470,983 | 1,439,190 | 1,406,680 | 1,382,414 | 1,362,986 | 1,364,014 | 1,366,479 | 1,356,799 | 1,325,928 | 1,292,695 | 1,254,378 | 1,175,794 | 1,135,615 | 1,098,476 | 1,059,646 | 1,063,646 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,516,856K ÷ $—K
= —
The payables turnover ratio for IDEXX Laboratories Inc could not be calculated as the accounts payable information for the relevant periods provided is not available. Payables turnover ratio measures how efficiently a company is managing its accounts payable by evaluating how many times the company pays off its suppliers during a specific period. A higher payables turnover ratio typically indicates that the company is effectively managing its payables and maintaining good relationships with its suppliers. Conversely, a lower ratio may suggest potential liquidity issues or inefficiencies in managing payables. Without the necessary data, a thorough analysis of IDEXX Laboratories Inc's payables turnover ratio is currently not feasible.
Peer comparison
Dec 31, 2024