IDEX Corporation (IEX)
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 | 1,823,600 | 1,779,900 | 1,779,400 | 1,807,200 | 1,827,000 | 1,839,900 | 1,838,300 | 1,809,300 | 1,755,000 | 1,690,600 | 1,648,850 | 1,589,525 | 1,540,338 | 1,485,392 | 1,414,555 | 1,361,129 | 1,324,222 | 1,317,680 | 1,330,335 | 1,353,648 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,823,600K ÷ $—K
= —
The payables turnover ratio for IDEX Corporation as per the data provided is not available or reported for the periods spanning from March 31, 2020, to December 31, 2024. This ratio is typically used to assess how efficiently a company is managing its payments to suppliers.
A higher payables turnover ratio usually indicates that the company is paying its suppliers quickly, which could mean favorable credit terms negotiated with suppliers or efficient cash management practices. On the other hand, a low payables turnover ratio may imply that the company is taking longer to pay its suppliers, which could potentially strain supplier relationships or indicate liquidity issues.
Without the specific values for the payables turnover ratio, it is challenging to provide a detailed analysis of IDEX Corporation's payables management efficiency over the specified time frame. Further data points or information would be required to evaluate the trend and performance of payables turnover for the company accurately.
Peer comparison
Dec 31, 2024