Vericel Corp Ord (VCEL)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 65,117 | 61,940 | 54,577 | 50,159 | 39,951 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $65,117K ÷ $—K
= —
Based on the provided data, Vericel Corp Ord's payables turnover ratio for the years 2020, 2021, 2022, 2023, and 2024 is marked as "—", indicating that specific information regarding payables turnover is not available or not applicable for this company during those years.
The payables turnover ratio is a measure that helps assess how efficiently a company is managing its trade credit or accounts payable. A higher payables turnover ratio typically suggests that a company is paying its suppliers more quickly, while a lower ratio may indicate that payments are being made at a slower pace.
Without the specific payables turnover figures for Vericel Corp Ord over the specified years, a detailed analysis of how the company is managing its accounts payable and the implications for its operations and liquidity cannot be provided at this time. Additional financial information or specific data points would be necessary to further explore the efficiency of Vericel Corp Ord's payables management.
Peer comparison
Dec 31, 2024