Community Healthcare Trust Inc (CHCT)

Payables turnover

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cost of revenue US$ in thousands 67,131 47,176 42,514 34,146 29,944
Payables US$ in thousands
Payables turnover

December 31, 2023 calculation

Payables turnover = Cost of revenue ÷ Payables
= $67,131K ÷ $—K
= —

To calculate Community Healthcare Trust Inc's payables turnover ratio, we need information on the cost of goods sold and average accounts payable for each corresponding year. Without this data, the payables turnover ratio cannot be computed. This key financial ratio provides insights into how efficiently the company is managing its payables and how quickly it pays off its suppliers. It is an important metric to gauge the relationship between a company's accounts payable and its purchasing activities. Without the necessary figures, a comprehensive analysis of Community Healthcare Trust Inc's payables turnover ratio cannot be performed.


Peer comparison

Dec 31, 2023

Company name
Symbol
Payables turnover
Community Healthcare Trust Inc
CHCT
CoreCivic Inc
CXW
3.60
Geo Group Inc
GEO
4.91