Choice Hotels International Inc (CHH)
Payables turnover
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 856,035 | 869,698 | 880,408 | 873,979 | 853,883 | 848,875 | 826,605 | 765,728 | 701,897 | 615,533 | 535,104 | 489,184 | 469,700 | 460,735 | 455,085 | 428,752 | 462,913 | 495,569 | 542,393 | 610,229 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $856,035K ÷ $—K
= —
The payables turnover ratio for Choice Hotels International Inc shows a value of "—", indicating that specific data related to the payables turnover are not available for the periods specified in the financial statement information provided. Payables turnover is a financial metric that evaluates how efficiently a company manages its payments to suppliers and vendors. A higher payables turnover ratio typically indicates that a company is paying its suppliers more quickly, while a lower ratio may suggest that the company is taking a longer time to settle its payables.
Without the actual numerical values for the payables turnover ratio, it is not possible to assess the efficiency of Choice Hotels International Inc in managing its accounts payable during the specified periods. It is important for stakeholders and investors to closely monitor this ratio over time to understand the company's payment practices and liquidity management.
Peer comparison
Dec 31, 2024