IPG Photonics Corporation (IPGP)

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 624,970 665,153 654,598 699,428 745,191 833,730 863,813 876,212 874,134 799,881 794,575 781,026 764,462 755,751 728,124 696,956 661,728 654,401 665,032 688,602
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $624,970K ÷ $—K
= —

The payables turnover ratio for IPG Photonics Corporation is not available as there is no data provided for accounts payable or cost of goods sold to calculate this ratio. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its payments to suppliers by comparing the cost of goods sold to accounts payable.

Without the necessary data for accounts payable and cost of goods sold at different points in time, we are unable to calculate the payables turnover ratio for IPG Photonics Corporation. It is important to have access to both accounts payable and cost of goods sold figures to accurately assess the efficiency of the company's payables management.