NeoGenomics Inc (NEO)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 370,466 | 347,039 | 321,832 | 297,269 | 258,555 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $370,466K ÷ $—K
= —
Based on the data provided, NeoGenomics Inc's payables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. The lack of specific figures for payables turnover makes it challenging to assess the company's efficiency in managing its accounts payable. It is crucial for investors and stakeholders to have access to this ratio to understand how effectively NeoGenomics is able to pay off its suppliers and manage its working capital. Further details or information on the company's payables turnover performance would be needed for a more in-depth analysis of its financial health and operational efficiency.