Veeco Instruments Inc (VECO)

Payables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	413,296	381,376	382,989	341,003	259,863
Payables	US$ in thousands	—	—	—	—	—
Payables turnover		—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $413,296K ÷ $—K
= —

Based on the provided data, Veeco Instruments Inc's payables turnover ratio for the years 2020 to 2024 is not available. This lack of information on payables turnover makes it challenging to assess the company's efficiency in managing its accounts payable during these years. Ideally, a payables turnover ratio helps in understanding how quickly a company pays its suppliers and manages its short-term obligations. Without this data, it is difficult to gauge Veeco Instruments Inc's performance in this aspect over the specified period.

Peer comparison

Dec 31, 2024

Company name

Symbol

Payables turnover

Veeco Instruments Inc

VECO

—

Axcelis Technologies Inc