Quidel Corporation (QDEL)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,496,400 | 1,710,100 | 1,330,000 | 427,656 | 312,813 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,496,400K ÷ $—K
= —
The payables turnover ratio for Quidel Corporation is unavailable for the years December 31, 2020, 2021, 2022, 2023, and 2024. Without this key financial metric, it is challenging to assess the efficiency with which the company pays its suppliers. A higher payables turnover ratio generally indicates that the company is paying its suppliers more quickly, which can be beneficial for maintaining good relationships and potentially negotiating better terms. Conversely, a lower ratio may suggest that the company is taking longer to pay its bills, which could impact supplier relationships and cash flow management. It would be important for stakeholders to obtain this data in order to gain a more comprehensive understanding of Quidel's financial performance and liquidity management.
Peer comparison
Dec 31, 2024