TG Therapeutics Inc (TGTX)
Payables turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 136,837 | 70,219 | 128,302 | 107,850 | 15,027 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $136,837K ÷ $—K
= —
To calculate TG Therapeutics Inc's payables turnover for the years 2019 to 2023, we need data on its accounts payable and cost of goods sold. By dividing cost of goods sold by the average accounts payable balance for each year, we can determine the payables turnover ratio. Unfortunately, without the specific values for these variables in the given table, we are unable to compute the payables turnover for TG Therapeutics Inc. This ratio is crucial in assessing how efficiently the company is managing its accounts payable by measuring how quickly it pays off its suppliers. It provides insight into the company's liquidity, operational efficiency, and supplier relationships.
Peer comparison
Dec 31, 2023