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.
Peer comparison
Dec 31, 2024