iRobot Corporation

NASDAQ IRBT

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iRobot Corporation Accounts Payable Turnover Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -13.42%

iRobot Corporation Accounts Payable Turnover Ratio 5 year CAGR is -13.42% for the Trailing 12 Months (TTM) ending March 31, 2024, a -38.68% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

iRobot Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 1.66, a -10.30% change year over year.
iRobot Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 1.85, a -31.38% change year over year.
iRobot Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 2.69, a -8.97% change year over year.
iRobot Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 2.96, a 2.32% change year over year.

NASDAQ: IRBT

iRobot Corporation

CEO	Mr. Colin M. Angle
IPO Date	Nov. 9, 2005
Location	United States
Headquarters	8 Crosby Drive, Bedford, MA, United States, 01730
Employees	1,058
Sector	Consumer Cyclical
Industry	Furnishings, fixtures & appliances

Description

iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and disposable mopping pads, replacement tanks, and batteries, as well as subscription services. It also provides Root robots for coding, discovery, and play; Roomba Combo mopping and vacuuming robot; and accessories, including robot vacuum and mop, handheld vacuum, and air purifier, educational coding robot, and accessory bundles. The company sells its products through chain stores and other national retailers, value- added distributors, and resellers, as well as through its website and app, and e-commerce websites. iRobot Corporation was incorporated in 1990 and is headquartered in Bedford, Massachusetts.

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