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
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.