Palantir Technologies Inc. Class A Common Stock (PLTR)

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	565,990	500,096	461,379	439,716	431,105	426,777	426,466	421,791	408,549	391,801	370,994	359,696	339,404	322,344	384,880	362,364	352,547	357,946	273,679	261,858
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $565,990K ÷ $—K
= —

The payables turnover ratio for Palantir Technologies Inc. Class A Common Stock is not available from March 31, 2020, to December 31, 2024, as indicated in the provided data. This ratio is used to measure how efficiently a company is managing its payables by comparing the purchases made on credit to the average accounts payable during a specific period.

Without the specific data on payables turnover, it is challenging to assess Palantir's ability to effectively manage its payables and how quickly the company is paying off its suppliers. A high turnover ratio generally indicates that a company is paying its suppliers quickly, which may signify strong liquidity management. However, a low turnover ratio could suggest that the company is taking longer to pay its suppliers, potentially leading to strained relationships or missed opportunities for early payment discounts.

It is essential for investors and analysts to have access to the payables turnover ratio to gain insights into Palantir's financial health, operational efficiency, and vendor management practices. This ratio plays a crucial role in evaluating a company's working capital management and overall financial performance.