Universal Display (OLED)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 148,461 | 135,376 | 127,896 | 114,991 | 85,478 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $148,461K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for Universal Display is not available or has not been reported for the years 2020 to 2024. Normally, the payables turnover ratio is used to assess how efficiently a company is managing its accounts payable by measuring the number of times a company pays off its average accounts payable balance in a given period. However, without the specific ratios for the years in question, it is not possible to evaluate Universal Display's performance in this aspect. It would be recommended to seek additional or updated financial information to conduct a more detailed analysis of the company's payables turnover.
Peer comparison
Dec 31, 2024