Avis Budget Group Inc (CAR)

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 7,596,000 8,614,000 7,801,000 6,115,000 4,727,000 3,208,000 1,906,000 1,690,000 1,230,000 1,169,000 1,285,000 1,369,000 1,510,000 1,451,000 1,427,000 1,475,000 1,699,000 1,916,000 2,224,000 2,418,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $7,596,000K ÷ $—K
= —

The payables turnover ratio for Avis Budget Group Inc is not available for any of the periods provided in the data. This ratio measures how efficiently a company is managing its payables by indicating how many times, on average, the company pays off its suppliers during a specific period.

Without this information, it is challenging to assess the company's ability to manage its trade payables or evaluate its liquidity and payment practices. It is important to have the payables turnover ratio to gain insights into the company's operational efficiency and relationships with its suppliers.

The absence of data for the payables turnover ratio limits the depth of the analysis regarding Avis Budget Group Inc's payables management and its impact on the company's financial performance. It is recommended to seek additional information or updated financial statements to better evaluate the company's payables turnover over time.


Peer comparison

Dec 31, 2024

Company name
Symbol
Payables turnover
Avis Budget Group Inc
CAR
Hertz Global Holdings Inc
HTZ
Ryder System Inc
R
1.88