IPG Photonics Corporation (IPGP)

Payables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	638,979	745,741	874,134	764,462	661,728
Payables	US$ in thousands	—	—	—	—	—
Payables turnover		—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $638,979K ÷ $—K
= —

Based on the available data provided, it appears that IPG Photonics Corporation does not have specific values for payables turnover for the years from December 31, 2020, to December 31, 2024. The absence of this data may indicate a lack of information about the company's payables turnover or that this particular ratio is not readily available or reported in the financial statements for the given years.

Without the payables turnover figures, it is challenging to assess how effectively IPG Photonics Corporation is managing its accounts payable and the efficiency of its working capital management during the specified period. Payables turnover is a crucial ratio that indicates how many times a company pays off its accounts payable within a given period, providing insights into its liquidity, financial health, and relationships with suppliers.

In the absence of accurate payables turnover data for IPG Photonics Corporation, a comprehensive analysis of this key financial metric and its implications for the company's operations and financial performance is not feasible at this time. To gain a deeper understanding of the company's payables turnover and its implications, it would be necessary to access the relevant financial statements or reports with the specific data for the respective years.