Xencor Inc (XNCR)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 253,598 | 253,598 | 8,799 | 7,491 | 169,802 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $253,598K ÷ $—K
= —
Based on the provided data, Xencor Inc's payables turnover for the years from December 31, 2020, to December 31, 2024, is not available (\u2014). The payables turnover ratio is calculated by dividing the purchases made during a period by the average accounts payable for that period. It measures how quickly a company is paying its suppliers.
Without specific values for payables turnover, it is challenging to evaluate the efficiency of Xencor Inc's accounts payable management over the specified years. Ideally, a higher payables turnover ratio indicates that the company is paying its suppliers more quickly, which can be a sign of good financial health and effective working capital management. Conversely, a low or decreasing payables turnover ratio may signal potential liquidity issues or strained vendor relationships.
Further analysis and additional financial data would be needed to gain insights into Xencor Inc's payables turnover performance and its implications for the company's financial operations and strategic decisions.
Peer comparison
Dec 31, 2024