Ormat Technologies Inc (ORA)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 607,035 | 565,406 | 465,335 | 398,746 | 429,067 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $607,035K ÷ $—K
= —
The payables turnover ratio for Ormat Technologies Inc has been consistent at a level of "—", indicating that the company is effectively managing its accounts payable turnover throughout the years covered in the data provided. A steady payables turnover ratio suggests that Ormat Technologies Inc is efficiently managing its payables, possibly by maintaining good relationships with its suppliers and paying its liabilities in a timely manner. While the specific turnover values are not provided in the data, the consistent nature of the ratio over the years suggests stability in the company's payable management practices.
Peer comparison
Dec 31, 2024