Cigna Corp (CI)

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 28,482,000 37,762,000 37,162,000 36,681,000 36,287,000 59,213,000 58,040,000 57,198,000 56,420,000 -70,727,000 -70,151,000 -69,859,000 -70,122,000 -61,183,000 -61,084,000 -62,456,000 -62,139,000 -60,723,000 -61,418,000 -60,954,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $28,482,000K ÷ $—K
= —

The data provided indicates that Cigna Corp's payables turnover ratio is not available for the time periods indicated from March 31, 2020, up to December 31, 2024. The payables turnover ratio is a financial metric that provides insight into how efficiently a company manages its accounts payable by measuring how many times a company pays off its average accounts payable balance during a certain period.

In the absence of specific data on the payables turnover ratio for Cigna Corp, it is challenging to assess the company's liquidity position, ability to manage supplier relationships, and overall efficiency in handling its payables. The payables turnover ratio is typically used to evaluate a company's short-term liquidity and its ability to effectively manage its working capital.

Without the payables turnover ratio data for Cigna Corp, we are unable to provide a detailed analysis of the company's payables management performance or make comparisons with industry averages or historical trends. It is important for investors and stakeholders to monitor this ratio in the future to gain a better understanding of how Cigna Corp is managing its accounts payable over time.


See also:

Cigna Corp Payables Turnover (Quarterly Data)