Roper Technologies, Inc. (ROP)

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	2,160,900	2,054,400	1,978,600	1,919,200	1,870,600	1,810,900	1,752,300	1,687,500	1,619,000	1,566,600	1,518,500	1,469,800	1,527,300	1,196,500	1,224,400	1,335,100	1,388,900	1,493,300	1,585,900	1,604,900
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	177,800	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	7.81	—	—	—

December 31, 2024 calculation

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

The payables turnover ratio for Roper Technologies, Inc. provides insight into how efficiently the company manages its accounts payable. The data shows that as of December 31, 2020, the company had a payables turnover ratio of 7.81.

A payables turnover ratio of 7.81 indicates that Roper Technologies, Inc. paid its suppliers approximately 7.81 times during the year. This suggests that the company is managing its accounts payable effectively, as a higher turnover ratio generally indicates a shorter time period in which the company takes to pay its suppliers.

It is important to note that the lack of data for the subsequent periods makes it challenging to assess the trend in the payables turnover ratio over time. Monitoring changes in the payables turnover ratio in future periods can provide valuable insights into the company's liquidity management and relationships with suppliers.