Roper Technologies, Inc. (ROP)

Payables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	2,160,900	1,870,600	1,619,000	1,426,200	1,194,100
Payables	US$ in thousands	—	—	—	—	177,800
Payables turnover		—	—	—	—	6.72

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $2,160,900K ÷ $—K
= —

The payables turnover ratio for Roper Technologies, Inc. as of December 31, 2020, stands at 6.72. It indicates that the company is effectively managing its accounts payable by paying its suppliers almost 7 times within the year. However, the lack of data for subsequent years (2021, 2022, 2023, and 2024) prevents a deeper trend analysis or comparison with industry benchmarks. To fully assess the efficiency of Roper Technologies in managing its payables in the coming years, additional data points for those periods would be required.