Ormat Technologies Inc (ORA)

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 607,035 612,739 607,870 601,599 565,406 527,798 494,522 460,693 465,335 455,472 436,397 419,846 398,746 387,674 396,889 411,477 429,067 442,666 452,753 462,157
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $607,035K ÷ $—K
= —

The payables turnover ratio for Ormat Technologies Inc over the specified time periods is not available as indicated by the values of "—". The payables turnover ratio is calculated by dividing the total purchases made by the average accounts payable during a specific period. This ratio is indicative of how efficiently a company is managing its payments to suppliers.

Without the specific values for accounts payable and purchases, it is not possible to analyze the company's payables turnover ratio. A higher payables turnover ratio typically indicates that the company is paying its suppliers more quickly, while a lower ratio suggests a longer payment cycle or potentially better credit terms with suppliers.

Understanding the payables turnover ratio is important for assessing a company's payment practices and relationships with suppliers. Monitoring changes in this ratio over time can provide insights into how effectively the company is managing its working capital and liquidity.