Lantheus Holdings Inc (LNTH)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 545,619 | 586,886 | 353,358 | 237,513 | 200,649 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $545,619K ÷ $—K
= —
The data provided for Lantheus Holdings Inc's payables turnover ratio shows that the ratio is not available or has not been calculated for the years 2020, 2021, 2022, 2023, and 2024. This lack of information on the payables turnover ratio for these years limits our ability to assess the company's efficiency in managing its accounts payable.
The payables turnover ratio is a measure of how efficiently a company is managing its short-term liabilities, specifically its accounts payable. A higher payables turnover ratio generally indicates that the company is paying its suppliers more quickly, which can be a positive sign of strong liquidity and good supplier relationships. Conversely, a low payables turnover ratio may suggest that the company is taking a longer time to pay its bills, potentially signaling liquidity issues or strained supplier relationships.
Without data on Lantheus Holdings Inc's payables turnover ratio, it is challenging to evaluate the company's payment practices and efficiency in managing its accounts payable over the specified years. Additional information or historical data on the payables turnover ratio would be necessary to conduct a more comprehensive analysis of this aspect of the company's financial performance.
Peer comparison
Dec 31, 2024