Sitime Corporation (SITM)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 98,203 61,905 100,643 79,346 58,224
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $98,203K ÷ $—K
= —

The payables turnover ratio for Sitime Corporation shows that the company did not provide specific data on its payables turnover for the years 2020 through 2024. The lack of information in this regard makes it difficult to assess how efficiently the company is managing its accounts payable during these years. Payables turnover is a key indicator of how quickly a company is paying off its suppliers and managing its working capital. Without the data for the payables turnover ratio, it is challenging to gauge Sitime Corporation's liquidity management and vendor payment practices during the specified period.