Neogen Corporation (NEOG)
Payables turnover
| May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 460,322 | 416,492 | 284,146 | 253,403 | 221,891 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
May 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $460,322K ÷ $—K
= —
Based on the provided data, Neogen Corporation has consistently reported a payables turnover ratio of "—," indicating that specific information about the company's payables turnover for each fiscal year is not available. This lack of data makes it challenging to assess the efficiency of Neogen's accounts payable management over the specified period. To conduct a more in-depth analysis and draw meaningful conclusions regarding the company's payables turnover performance, additional information or financial data for the respective years is required.
Peer comparison
May 31, 2024
Company name
Symbol
Payables turnover
Neogen Corporation
NEOG
—
IDEXX Laboratories Inc
IDXX
—
Lantheus Holdings Inc
LNTH
—
Myriad Genetics Inc
MYGN
—
Quidel Corporation
QDEL
—