Penumbra Inc (PEN)

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 444,593 437,483 429,978 385,556 375,879 360,981 346,104 325,775 311,926 307,701 299,555 290,818 272,208 266,229 256,177 230,784 222,237 196,787 180,138 180,232
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $444,593K ÷ $—K
= —

Payables turnover is a financial ratio that indicates how efficiently a company manages its accounts payable by measuring the number of times a company pays off its average accounts payable balance during a period. A higher turnover ratio suggests the company is paying its suppliers more frequently, whereas a lower ratio may indicate longer payment cycles or potential liquidity issues.

Based on the provided data for Penumbra Inc, the payables turnover ratio is not available for the periods from March 31, 2020, to December 31, 2024. The lack of specific values for this ratio across the reported dates indicates that the necessary information to calculate the payables turnover is not provided in the dataset. Therefore, a detailed analysis of Penumbra Inc's payables turnover based on the available data is not feasible.

If additional financial information or data related to accounts payable and purchases made on credit were available, a more in-depth analysis could be conducted to assess how effectively Penumbra Inc is managing its payables. This analysis could provide valuable insights into the company's liquidity, financial health, and relationships with suppliers.