Cars.com Inc (CARS)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 124,332 | 221,789 | 114,959 | 114,200 | 101,536 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $124,332K ÷ $—K
= —
Based on the provided data, it appears that the payables turnover ratio for Cars.com Inc is not available for the years ending December 31, 2020 to December 31, 2024. Without specific values for the payable turnover, it is difficult to assess how efficiently the company is managing its accounts payable and paying off its obligations to suppliers.
The payables turnover ratio is a key financial metric that measures how quickly a company is paying off its suppliers. A low payables turnover may indicate that the company is taking a longer time to pay its vendors, which could potentially strain relationships or result in penalties. On the other hand, a high payables turnover could suggest that the company is efficiently managing its payables and maintaining strong relationships with suppliers.
Without the specific data points for the payables turnover ratio, a detailed analysis of how effectively Cars.com Inc is managing its accounts payable cannot be conducted at this time. Additional information would be needed to provide a more comprehensive assessment of the company's performance in this area.
Peer comparison
Dec 31, 2024