Roivant Sciences Ltd (ROIV)

Payables turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cost of revenue	US$ in thousands	911	27,964	13,128	8,966	2,057
Payables	US$ in thousands	23,691	53,225	37,830	34,583	20,550
Payables turnover		0.04	0.53	0.35	0.26	0.10

March 31, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $911K ÷ $23,691K
= 0.04

Based on the data provided, Roivant Sciences Ltd's payables turnover has shown an increasing trend over the years. It was 0.10 as of March 31, 2021, and has steadily increased to 0.26 as of March 31, 2022, further increasing to 0.35 as of March 31, 2023, and reaching 0.53 as of March 31, 2024.

However, there is a sudden drop to 0.00 as of March 31, 2025, which indicates a significant change in the company's payables turnover efficiency.

Overall, the increasing trend in payables turnover suggests that Roivant Sciences Ltd has been effectively managing its accounts payable, turning over its payables more frequently in the earlier years. The sudden decrease to 0.00 in 2025 could indicate a change in the company's payment practices or possibly a shift in its relationship with suppliers. Further analysis would be required to understand the reasons behind this abrupt change and its potential implications on the company's financial operations.