Chemed Corp (CHE)
Payables turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,613,400 | 1,608,460 | 1,576,470 | 1,542,641 | 1,511,371 | 1,481,141 | 1,456,826 | 1,441,402 | 1,404,030 | 1,369,877 | 1,356,635 | 1,351,865 | 1,365,537 | 1,369,458 | 1,368,179 | 1,365,255 | 1,366,925 | 1,378,197 | 1,390,503 | 1,379,446 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
March 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,613,400K ÷ $—K
= —
As per the provided data for Chemed Corp, the payables turnover ratio is not available for any of the reported periods from June 30, 2020, to March 31, 2025. The payables turnover ratio is a financial metric used to assess how efficiently a company is managing its trade payables by calculating the number of times a company pays off its average accounts payable balance during a certain period.
Since the payables turnover ratio is not provided in the dataset, it is not possible to analyze or comment on the efficiency of Chemed Corp's management of its trade payables based on the turnover of payables alone. It is important to note that a higher payables turnover ratio generally indicates more frequent payments to suppliers, potentially signaling strong liquidity or bargaining power with suppliers. On the other hand, a lower ratio could suggest slower payments or challenges in managing payables efficiently.
Without the specific payables turnover values, it is not feasible to evaluate Chemed Corp's effectiveness in managing its payables and forming a thorough assessment of its performance in this area. It would be beneficial to obtain additional financial information or details on payables to conduct a more in-depth analysis of the company's financial performance and working capital management.
Peer comparison
Mar 31, 2025