Avis Budget Group Inc (CAR)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 6,014,000 | 7,242,000 | 1,230,000 | 1,510,000 | 1,686,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $6,014,000K ÷ $—K
= —
The data provided indicates that Avis Budget Group Inc's payables turnover ratio is not available for each of the years from December 31, 2020, to December 31, 2024. This could be due to the company not disclosing specific information related to payables or the data not being applicable or relevant for analysis.
Without the payables turnover ratio values, it is challenging to assess the efficiency of the company in managing its trade payables and the frequency with which it pays off its suppliers. Investors and analysts typically use this ratio to gauge the relationship between the company's accounts payable and its cost of goods sold.
In this specific case, the absence of payables turnover data limits the ability to analyze Avis Budget Group Inc's liquidity and operational efficiency concerning its payables. Further information or data points are required to conduct a more detailed assessment of the company's payables management over the years in question.
Peer comparison
Dec 31, 2024