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.
Peer comparison
Dec 31, 2024