Thermo Fisher Scientific Inc (TMO)

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	25,087,000	24,985,000	24,860,000	24,986,000	25,295,000	25,620,000	25,721,000	25,638,000	25,415,000	24,002,000	22,289,000	20,634,000	18,977,000	18,542,000	18,074,000	16,905,000	15,713,000	14,516,000	13,835,000	13,912,000
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $25,087,000K ÷ $—K
= —

The payables turnover ratio for Thermo Fisher Scientific Inc is not available in the provided data. The payables turnover ratio is a financial metric that measures how efficiently a company manages its trade credit by comparing the company's average accounts payable to its cost of goods sold. A higher payables turnover ratio indicates that the company is paying its suppliers more frequently, which could imply strong liquidity or effective management of payables.

Without the specific values for payables turnover over time, it is difficult to assess how Thermo Fisher Scientific Inc is performing in terms of managing its payables. Payables turnover is an important metric as it provides insights into the company's ability to effectively utilize trade credit and manage its working capital efficiently. It would be beneficial to have access to the payables turnover ratios for a more in-depth analysis of the company's financial performance.