ViaSat Inc (VSAT)
Payables turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,095,848 | 3,163,945 | 3,169,274 | 3,160,486 | 2,928,357 | 2,570,529 | 2,286,286 | 1,958,549 | 1,896,024 | 1,901,554 | 1,918,642 | 1,968,532 | 1,940,122 | 1,842,653 | 1,733,821 | 1,632,691 | 1,564,284 | 1,575,070 | 1,588,011 | 1,610,797 |
| Payables | US$ in thousands | — | 218,585 | 246,748 | 230,882 | 287,206 | 314,611 | 388,582 | 377,638 | 271,548 | 300,115 | 244,917 | 246,516 | 219,088 | 251,335 | 193,247 | 204,198 | 145,134 | 122,342 | 169,264 | 175,955 |
| Payables turnover | — | 14.47 | 12.84 | 13.69 | 10.20 | 8.17 | 5.88 | 5.19 | 6.98 | 6.34 | 7.83 | 7.99 | 8.86 | 7.33 | 8.97 | 8.00 | 10.78 | 12.87 | 9.38 | 9.15 |
March 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,095,848K ÷ $—K
= —
The payables turnover ratio for ViaSat Inc has fluctuated over the past few years, indicating variations in how quickly the company is paying its suppliers. The ratio started at 9.15 in June 2020, increased to 12.87 by December 2020, and then gradually decreased to 5.19 by June 2023. This downward trend suggests that the company took longer to settle its payables during this period.
However, there was a notable increase in the payables turnover ratio to 14.47 by December 2024, indicating that ViaSat Inc was able to improve its efficiency in paying its suppliers more quickly. This increase may be attributed to better cash management practices or improved supplier relationships.
It is worth noting that the payables turnover ratio for March 2025 is not provided (noted as "—"), which makes it challenging to assess the most recent performance in terms of payables management. This missing data point could be crucial in understanding the latest trend in the company's ability to settle its payables effectively.
Overall, analyzing the payables turnover ratio of ViaSat Inc provides insights into the company's liquidity and working capital management, highlighting changes in payment patterns and potential impacts on cash flows and relationships with suppliers.
Peer comparison
Mar 31, 2025