CSG Systems International Inc (CSGS)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 614,463 | 615,042 | 565,168 | 543,211 | 535,597 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $614,463K ÷ $—K
= —
Based on the provided data, it appears that the payables turnover ratio for CSG Systems International Inc is not available or has not been disclosed for the years 2020, 2021, 2022, 2023, and 2024. The payables turnover ratio is a financial metric that helps in assessing how efficiently a company manages its payments to suppliers in relation to its purchases on credit.
Without specific values for the payables turnover ratio, it is challenging to evaluate the company's efficiency in managing its payables and determining how quickly it pays its suppliers. The ratio is calculated by dividing the total purchases made on credit by the average accounts payable balance over a specific period.
Without this specific information, it is recommended to review additional financial data or disclosures provided by CSG Systems International Inc to gain insights into the efficiency of their payables management over the years in question.
Peer comparison
Dec 31, 2024