N-Able Inc (NABL)

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
Cost of revenue (ttm)	US$ in thousands	78,574	74,987	72,443	70,286	68,184	65,662	63,409	60,556	58,610	56,843	54,036	52,687	52,432	55,875	59,599	62,152	63,174
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $78,574K ÷ $—K
= —

Based on the provided data for N-Able Inc, the payables turnover ratio is not available for the periods spanning December 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its payables by comparing the average accounts payable to the cost of goods sold.

Without specific data points for the payables turnover ratio during the mentioned periods, it is challenging to assess N-Able Inc's ability to pay off its suppliers in a timely manner. A higher payables turnover ratio generally indicates that a company is effectively managing its payables and potentially taking advantage of favorable credit terms, while a lower ratio may signify liquidity issues or inefficiencies in the accounts payable process.

Therefore, the absence of data for the payables turnover ratio restricts the ability to analyze N-Able Inc's payables management efficiency and draw meaningful conclusions regarding its financial performance in relation to its suppliers.