ACI Worldwide Inc (ACIW)
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 | ||
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Cost of revenue (ttm) | US$ in thousands | 819,369 | 829,905 | 810,179 | 760,698 | 748,145 | 716,221 | 710,349 | 708,339 | 696,071 | 679,432 | 666,391 | 645,672 | 638,871 | 627,508 | 627,375 | 616,107 | 622,459 | 644,866 | 660,455 | 668,349 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $819,369K ÷ $—K
= —
The data provided for ACI Worldwide Inc's payables turnover ratio is not available for the periods indicated, as denoted by the dash symbol for each date in the JSON data. Without specific values for payables turnover, it is challenging to assess the efficiency of the company in managing its accounts payable.
The payables turnover ratio measures how many times a company pays off its accounts payable during a specific period. A higher payables turnover ratio usually suggests that the company is managing its payments effectively and efficiently utilizing its working capital. Conversely, a lower ratio may indicate that the company is taking longer to settle its payables, which could potentially lead to strained relationships with suppliers or missed early payment discounts.
Without the actual figures for ACI Worldwide Inc's payables turnover, it is not possible to provide a detailed analysis of this specific financial metric for the company. It is essential for investors and stakeholders to monitor this ratio over time to understand how ACI Worldwide Inc is managing its accounts payable and its overall financial health.
Peer comparison
Dec 31, 2024