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.
Peer comparison
Dec 31, 2024