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.