Centene Corp (CNC)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 128,436,000 122,458,000 127,891,000 111,783,000 95,899,000
Payables US$ in thousands — — — — —
Payables turnover — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $128,436,000K ÷ $—K
= —

The payables turnover ratio for Centene Corp for the years ending December 31, 2020 to December 31, 2024 is not available, as indicated by "—". The payables turnover ratio is a financial metric used to evaluate how efficiently a company manages its payables in relation to its purchases. Without the specific values for payables turnover, it is not possible to analyze the company's ability to pay off its suppliers in a timely manner. An increasing or high payables turnover ratio could indicate that the company is paying its suppliers quickly, which could potentially strain cash flows. Conversely, a decreasing or low payables turnover ratio could suggest that the company is taking longer to pay its creditors, potentially signaling liquidity issues or strained supplier relationships. Without the actual data, it is difficult to provide a deeper interpretation of Centene Corp's payables turnover performance over the specified period.