Schrodinger Inc (SDGR)
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 | 75,456 | 67,845 | 69,213 | 74,593 | 75,974 | 77,537 | 78,386 | 78,342 | 79,933 | 81,603 | 80,559 | 77,028 | 72,311 | 66,542 | 58,332 | 50,037 | 44,623 | 40,888 | 39,612 | 39,262 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $75,456K ÷ $—K
= —
The payables turnover ratio indicates how efficiently a company is managing its accounts payable by measuring how many times a company pays off its average accounts payable balance during a certain period.
In the case of Schrodinger Inc, the data provided shows that the payables turnover ratio is not available for the periods from March 2020 to December 2024. This lack of information on the payables turnover makes it challenging to evaluate how effectively Schrodinger Inc is managing its accounts payable over time.
A high payables turnover ratio typically indicates that a company is paying its suppliers quickly, which may suggest good liquidity management and strong supplier relationships. Conversely, a low payables turnover ratio may signal that a company is taking longer to pay its suppliers, which could indicate cash flow issues or strained relationships with suppliers.
Without specific data on the payables turnover ratio for Schrodinger Inc, it is not possible to assess the company's efficiency in managing its accounts payable and its relationships with suppliers. It would be helpful for stakeholders and investors to have access to this information to gain a more comprehensive understanding of the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024