Quidel Corporation (QDEL)
Payables turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,636,900 | 2,240,900 |
| Payables | US$ in thousands | 294,800 | 283,300 |
| Payables turnover | 8.94 | 7.91 |
December 31, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,636,900K ÷ $294,800K
= 8.94
Peer comparison
Dec 31, 2023
Company name
Symbol
Payables turnover
Quidel Corporation
QDEL
8.94
IDEXX Laboratories Inc
IDXX
13.29
Lantheus Holdings Inc
LNTH
25.24
Myriad Genetics Inc
MYGN
28.98
Neogen Corporation
NEOG
10.91