Vericel Corp Ord (VCEL)
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 | 65,117 | 64,729 | 63,450 | 63,370 | 61,940 | 59,896 | 58,241 | 56,452 | 54,577 | 53,691 | 52,781 | 51,198 | 50,159 | 48,182 | 45,561 | 41,612 | 39,951 | 38,954 | 38,491 | 38,853 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $65,117K ÷ $—K
= —
The payables turnover ratio for Vericel Corp Ord is currently not available for the period from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its trade payables by comparing the cost of goods sold to its average accounts payable balance.
A higher payables turnover ratio is generally considered positive as it indicates that the company is paying its suppliers more quickly, which could suggest strong liquidity or good negotiating power with suppliers. Conversely, a low payables turnover ratio may indicate that the company is taking longer to pay its bills, potentially indicating liquidity issues or strained relationships with suppliers.
In the absence of specific data points for Vericel Corp Ord's payables turnover ratio over the specified period, it is not possible to assess the company's efficiency in managing its trade payables during this time. For a more thorough analysis of the company's financial performance and liquidity management, additional data or context would be necessary.
Peer comparison
Dec 31, 2024