TTM Technologies Inc (TTMI)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,965,380 | 1,819,300 | 2,037,080 | 1,876,730 | 1,746,300 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,965,380K ÷ $—K
= —
Based on the provided data, TTM Technologies Inc's payables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. The lack of specific data on payables turnover makes it challenging to assess the efficiency with which the company is managing its accounts payable. A higher payables turnover ratio typically indicates that a company is effectively paying off its suppliers, whereas a lower ratio may suggest delays in payments or potentially strained supplier relationships. Without the exact figures, it is difficult to gauge TTM Technologies Inc's performance in this area over the specified years. Further information or additional data points would be necessary to conduct a more in-depth analysis of the company's payables turnover.
Peer comparison
Dec 31, 2024