Teradata Corp (TDC)
Payables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 692,000 | 717,000 | 714,000 | 731,000 | 817,000 |
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $692,000K ÷ $—K
= —
Based on the provided data, Teradata Corp's payables turnover ratio for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024 is not available ("—").
The payables turnover ratio is a financial metric that 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 particular period.
In this case, the lack of data on the payables turnover ratio for the specified years restricts the ability to assess Teradata Corp's efficiency in managing its accounts payable and how quickly it is paying off its suppliers. It is essential for investors and stakeholders to monitor this ratio over time to understand the company's payment practices and its relationship with suppliers.
Peer comparison
Dec 31, 2024