Proto Labs Inc (PRLB)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 277,690 | 281,884 | 272,933 | 265,407 | 216,568 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $277,690K ÷ $—K
= —
The payables turnover ratio for Proto Labs Inc for the years 2020, 2021, 2022, 2023, and 2024 is not available based on the provided data. The payables turnover ratio is a measure of how efficiently a company is managing its accounts payable by comparing the purchases with the average accounts payable. A higher payables turnover ratio typically indicates that the company is paying its suppliers more frequently, while a lower ratio may suggest that the company is taking longer to pay its bills. Without the specific values for Proto Labs Inc's payables turnover, a detailed analysis of its accounts payable management efficiency cannot be provided.
Peer comparison
Dec 31, 2024