Chemed Corp (CHE)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,576,940 | 1,467,860 | 1,369,880 | 1,369,460 | 1,378,200 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,576,940K ÷ $—K
= —
Based on the provided data, Chemed Corp's payables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company's payables turnover, which measures how efficiently the company is managing its accounts payable, is not calculable with the given information. Payables turnover is typically calculated by dividing the total purchases by average accounts payable.
The absence of payables turnover data for these years may suggest limitations in the financial reporting or an absence of specific details required for the calculation. As payables turnover is an important metric for understanding a company's liquidity and vendor management, the lack of this information may hinder a comprehensive analysis of Chemed Corp's accounts payable management efficiency over the specified period. It is recommended to seek additional information or consult further financial statements to gain a complete understanding of the company's payables turnover performance.
Peer comparison
Dec 31, 2024