LeMaitre Vascular Inc (LMAT)

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	70,434	70,413	69,368	68,544	67,923	65,717	63,079	59,348	56,755	55,402	54,946	54,557	53,042	52,641	52,851	46,764	44,748	41,864	37,086	38,432
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $70,434K ÷ $—K
= —

The payables turnover ratio is a financial metric that indicates how efficiently a company manages its accounts payable by comparing the amount of purchases made on credit to the average accounts payable balance during a certain period. A higher payables turnover ratio generally suggests that the company is paying its suppliers more quickly.

In the case of LeMaitre Vascular Inc, the provided data shows that no specific figures for accounts payable are available for the periods stated, as indicated by the "—" symbol for each date. Without the actual accounts payable and purchases figures, it is not possible to calculate the payables turnover ratio accurately.

Given the lack of data, it is difficult to provide a detailed analysis of LeMaitre Vascular Inc's payables turnover ratio. However, from the absence of specific values, it may be inferred that the company either does not disclose this information in its financial statements or considers it not significant enough to report on a quarterly basis. It is essential for investors and analysts to have access to this information to assess the company's liquidity management and relationships with suppliers effectively.