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
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