Choice Hotels International Inc (CHH)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 840,673 853,883 701,897 469,700 462,913
Payables US$ in thousands — — — — —
Payables turnover — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $840,673K ÷ $—K
= —

The payables turnover ratio for Choice Hotels International Inc is unavailable for the years 2020 to 2024. As the ratio is not provided, we are unable to assess the company's efficiency in managing its accounts payable during this period. Payables turnover is a key financial metric that indicates how many times a company pays off its accounts payable within a specific time frame. Without this data, it is challenging to evaluate the company's liquidity and operational efficiency related to its payables management over these years.