Cogent Communications Group Inc (CCOI)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 631,579 | 544,232 | 228,154 | 226,337 | 219,157 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $631,579K ÷ $—K
= —
Based on the provided data, it appears that payables turnover ratios for Cogent Communications Group Inc are missing for the years 2020, 2021, 2022, 2023, and 2024. The absence of this information impedes the ability to analyze the efficiency of the company in managing its accounts payable during these years.
The payables turnover ratio is a key indicator of how quickly a company pays its suppliers. A higher payables turnover ratio generally signifies that a company is paying its suppliers more quickly, which could indicate good liquidity management.
Without the specific payables turnover figures for Cogent Communications Group Inc for the mentioned years, it is challenging to draw insights into the efficiency of the company's accounts payable management and its impact on overall financial performance. Additional financial data is needed to conduct a more comprehensive analysis of the company's payables turnover.
Peer comparison
Dec 31, 2024