Sensata Technologies Holding NV (ST)

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	2,875,662	2,954,708	2,890,043	2,850,167	2,831,378	2,764,368	2,770,944	2,725,439	2,712,048	2,658,096	2,592,483	2,564,165	2,542,434	2,532,496	2,433,829	2,187,987	2,119,044	2,065,586	2,090,241	2,253,033
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,875,662K ÷ $—K
= —

Payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its trade credit obligations. However, from the provided data for Sensata Technologies Holding NV, the payables turnover ratio is not available for any period up to December 31, 2024.

The payables turnover ratio is calculated by dividing the total purchases during a period by the average accounts payable balance for the same period. A higher payables turnover ratio indicates that the company is paying its suppliers more quickly, while a lower ratio may suggest that the company is taking longer to settle its payables.

Without the specific values for payables turnover for Sensata Technologies Holding NV, it is challenging to provide a detailed analysis of the efficiency of the company in managing its trade credit obligations over time. It's important to note that a consistent and healthy payables turnover ratio often indicates effective management of supplier relationships and working capital.