Centene Corp (CNC)
Payables turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 136,362,000 | 127,629,000 | 16,765,000 | 14,501,000 | 9,912,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $136,362,000K ÷ $—K
= —
To calculate Centene Corp.'s payables turnover, we need to use the following formula:
Payables Turnover = Cost of Goods Sold / Average Accounts Payable
However, since the data provided does not include specific figures for Cost of Goods Sold or Accounts Payable, we are unable to compute the payables turnover for Centene Corp. for the years provided. Without this information, it is not possible to assess the efficiency with which the company is managing its accounts payable in terms of turnover. It would be beneficial to obtain the necessary financial data to perform a thorough analysis of the company's payables turnover in order to provide meaningful insights.
Peer comparison
Dec 31, 2023