Cars.com Inc (CARS)
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 | 234,936 | 234,124 | 233,591 | 177,822 | 122,205 | 120,162 | 117,913 | 117,002 | 114,959 | 115,306 | 115,406 | 114,121 | 114,200 | 112,138 | 108,644 | 103,337 | 101,536 | 98,938 | 98,593 | 100,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $234,936K ÷ $—K
= —
The payables turnover ratio for Cars.com Inc could not be calculated as the payable turnover data was not provided in the financial statement information. The payables turnover ratio is a financial metric that shows how efficiently a company manages its accounts payable by measuring how many times a company pays off its average accounts payable balance in a given period. It is calculated by dividing the total purchases or cost of goods sold by the average accounts payable balance.
Without the specific data on accounts payable turnover, it is not possible to analyze the company's ability to manage its payables effectively and to assess its liquidity and payment terms with suppliers. Tracking the payables turnover ratio over time can provide insights into a company's payment practices, supplier relationships, and overall financial health in terms of payables management.
Peer comparison
Dec 31, 2024