Tandem Diabetes Care Inc (TNDM)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 450,629 380,028 388,231 326,584 238,310
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $450,629K ÷ $—K
= —

The payables turnover ratio for Tandem Diabetes Care Inc is not available for the years 2020, 2021, 2022, 2023, and 2024 based on the provided data. This ratio is typically used to evaluate how efficiently a company is managing its payables by measuring how many times a company pays off its average accounts payable balance in a given period. Without this specific ratio data, it is challenging to assess the company's liquidity and efficiency in managing its obligations to suppliers. Further financial information or trends would be necessary to conduct a comprehensive analysis of Tandem Diabetes Care Inc's payables turnover performance.