Protagonist Therapeutics Inc (PTGX)
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 | 1,712 | 2,544 | 3,371 | 3,300 | 3,312 | 2,736 | 2,762 | 2,784 | 2,785 | 3,348 | 2,495 | 1,652 | 819 | 0 | 0 | 0 | 0 | 0 | 0 | 2,774 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,712K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for Protagonist Therapeutics Inc is unavailable for the periods from March 31, 2020, to December 31, 2024.
The payables turnover ratio is a liquidity metric that indicates how efficiently a company manages its trade payables by measuring the number of times a company pays its suppliers during a specific period. A higher payables turnover ratio typically suggests that a company is paying off its suppliers more frequently, which can be a positive sign of strong liquidity management.
However, without the specific values of payables turnover for Protagonist Therapeutics Inc, it is challenging to assess the company's ability to manage its supplier payments effectively. It is recommended to monitor this ratio over time to evaluate changes in the company's liquidity management and supplier relationships.
It would be prudent for stakeholders and investors to seek additional information or financial data to gain a more comprehensive understanding of Protagonist Therapeutics Inc's payables turnover performance and its implications for the company's financial health.
Peer comparison
Dec 31, 2024