TTM Technologies Inc (TTMI)
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 | 1,987,815 | 1,929,193 | 1,901,855 | 1,851,691 | 1,831,430 | 1,861,382 | 1,944,583 | 2,005,058 | 2,037,081 | 2,042,146 | 1,963,238 | 1,922,234 | 1,876,729 | 1,811,739 | 1,772,432 | 1,774,827 | 1,746,299 | 1,905,174 | 2,093,859 | 2,172,414 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,987,815K ÷ $—K
= —
The payables turnover ratio for TTM Technologies Inc is not provided in the data for the period from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that indicates how efficiently a company manages its accounts payable by measuring how many times a company pays off its average accounts payable balance during a particular period.
Without the specific data points to calculate the payables turnover ratio, it is difficult to assess how effectively TTM Technologies Inc is managing its payment obligations to its suppliers. Payables turnover is a crucial metric for evaluating the efficiency of a company's working capital management and its relationships with suppliers. A higher payables turnover ratio typically indicates that a company is paying off its suppliers more frequently, which can sometimes suggest favorable payment terms or strong liquidity management. On the other hand, a lower payables turnover ratio may imply delays in payment or potential financial difficulties.
To perform a more comprehensive analysis of TTM Technologies Inc's payables turnover ratio and its implications, additional specific data points would be required to calculate the ratio accurately and contextualize it within the company's overall financial performance and operating environment.
Peer comparison
Dec 31, 2024