IDEX Corporation (IEX)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,823,600 | 1,827,000 | 1,755,000 | 1,540,300 | 1,324,220 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,823,600K ÷ $—K
= —
The payables turnover ratio for IDEX Corporation is not provided in the data for the years from December 31, 2020, to December 31, 2024, illustrating that specific details about the company's payables turnover are unavailable. The payables turnover ratio is a metric that indicates how efficiently a company manages its payments to suppliers relative to its cost of goods sold. Without this information, it is challenging to assess the company's effectiveness in managing its accounts payable and its relationships with suppliers during the specified period. Ideally, a consistent or improving payables turnover ratio would indicate effective management of payables, while a declining ratio may signal potential liquidity or operational challenges.
Peer comparison
Dec 31, 2024