Veeco Instruments Inc (VECO)
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 | 415,121 | 404,367 | 399,260 | 391,077 | 383,499 | 376,987 | 378,460 | 384,061 | 382,987 | 381,056 | 366,171 | 352,617 | 341,004 | 334,156 | 310,015 | 280,580 | 259,863 | 245,994 | 249,789 | 254,583 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $415,121K ÷ $—K
= —
The payables turnover ratio for Veeco Instruments Inc is not available for the periods provided in the data. This ratio is usually calculated by dividing purchases by average accounts payable. A higher payables turnover ratio indicates that the company is taking fewer days to pay off its suppliers, which can be a sign of efficient working capital management. Conversely, a lower ratio may suggest that the company is taking longer to pay its suppliers.
Since there is no data available for the payables turnover ratio, it is difficult to assess how Veeco Instruments Inc is managing its accounts payable and supplier relationships during the specified periods. It would be beneficial to have this information to gain insights into the company's liquidity and operational efficiency.
Peer comparison
Dec 31, 2024