Charter Communications Inc (CHTR)
Payables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 5,661,000 | 5,531,000 | 5,220,000 | 5,051,000 | 4,855,000 | 3,808,000 | 4,323,000 | 4,673,000 | 5,024,000 | 5,156,000 | 5,309,000 | 5,342,000 | 5,389,000 | 5,626,000 | 5,569,000 | 5,846,000 | 5,881,000 | 6,157,000 | 6,020,000 | 5,920,000 |
| Payables | US$ in thousands | 931,000 | 771,000 | 748,000 | 746,000 | 952,000 | 740,000 | 718,000 | 706,000 | 724,000 | 686,000 | 704,000 | 724,000 | 763,000 | 728,000 | 667,000 | 733,000 | 786,000 | 663,000 | 790,000 | 661,000 |
| Payables turnover | 6.08 | 7.17 | 6.98 | 6.77 | 5.10 | 5.15 | 6.02 | 6.62 | 6.94 | 7.52 | 7.54 | 7.38 | 7.06 | 7.73 | 8.35 | 7.98 | 7.48 | 9.29 | 7.62 | 8.96 |
December 31, 2023 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,661,000K ÷ $931,000K
= 6.08
Based on the provided data, the payables turnover ratio for Charter Communications Inc. is consistently calculated as 0.00 for each quarter displayed. This indicates that the company is not effectively utilizing its accounts payable during these periods to support its operational activities. A payables turnover ratio of 0.00 implies that the company is not efficiently managing its payments to suppliers or is potentially facing challenges in meeting its payables obligations. Further investigation into the company's payables management practices and financial health may be necessary to understand the reasons behind these consistently low ratios.
Peer comparison
Dec 31, 2023
See also:
Charter Communications Inc Payables Turnover (Quarterly Data)