CarGurus (CARG)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 155,439 262,788 997,482 294,015 42,706
Payables US$ in thousands — — — — —
Payables turnover — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $155,439K ÷ $—K
= —

Based on the data provided, CarGurus' payables turnover ratio is indicated as "—", or not available, for the years 2020, 2021, 2022, 2023, and 2024. This suggests that specific information regarding how quickly the company is paying its suppliers or the speed of its accounts payable turnover is not disclosed or calculated within the financial statements for those respective years. Without this ratio, it is challenging to evaluate the efficiency of CarGurus' management of its accounts payable and its relationships with suppliers over the specified years.