Teleflex Incorporated (TFX)
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 | 1,343,245 | 1,330,243 | 1,326,118 | 1,329,721 | 1,327,558 | 1,320,996 | 1,305,365 | 1,285,867 | 1,261,797 | 1,268,049 | 1,266,066 | 1,266,045 | 1,259,961 | 1,245,404 | 1,231,917 | 1,204,662 | 1,212,282 | 1,167,343 | 1,141,005 | 1,131,926 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,343,245K ÷ $—K
= —
The payables turnover ratio for Teleflex Incorporated for the provided periods (from March 31, 2020, to December 31, 2024) is not available as it has been indicated as "—" across all dates. The payables turnover ratio is a financial metric used to evaluate how efficiently a company manages its accounts payable by comparing the amount of purchases made on credit to the average accounts payable balance during a certain time period.
A high payables turnover ratio generally indicates that a company is effective in paying its suppliers on time, which can be seen as a positive aspect of the company's financial management. On the other hand, a low payables turnover ratio may suggest that the company is holding onto its payables for a longer time, which could potentially strain relationships with suppliers or indicate inefficiencies in managing working capital.
Without the actual values for Teleflex Incorporated's payables turnover ratio, it is not possible to provide a specific analysis regarding the efficiency of the company's payables management during the mentioned periods. Further information or data points would be needed to assess the company's performance in this area accurately.
Peer comparison
Dec 31, 2024