Universal Display (OLED)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 164,037 | 162,704 | 156,435 | 145,574 | 135,376 | 129,455 | 132,603 | 127,703 | 127,896 | 130,041 | 124,126 | 124,856 | 114,991 | 109,746 | 101,643 | 86,317 | 85,478 | 76,682 | 70,590 | 82,019 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $164,037K ÷ $—K
= —
The payables turnover ratio for Universal Display, based on the provided data, is not calculable as the payables turnover figures are stated as "not available" (—) for all the reporting periods. The payables turnover ratio is a financial metric that measures how efficiently a company pays its suppliers.
A higher payables turnover ratio typically indicates that a company is managing its accounts payable well by paying off its suppliers quickly. Conversely, a lower payables turnover ratio may suggest that the company is taking longer to pay its bills, which could potentially strain supplier relationships or indicate liquidity issues.
Without the specific payables turnover figures for Universal Display, it is challenging to provide a detailed analysis of how the company is managing its accounts payable and its impact on its overall financial performance. It would be beneficial for investors and analysts to have access to this information to gain a better understanding of the company's financial management practices and efficiency in working capital management.
Peer comparison
Dec 31, 2024