DaVita HealthCare Partners Inc (DVA)
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 | 2,262,201 | 2,296,448 | 2,281,206 | 2,285,388 | 2,245,510 | 2,196,458 | 2,191,013 | 2,129,720 | 2,087,799 | 2,011,506 | 1,915,202 | 1,896,587 | 1,875,950 | 1,721,955 | 1,804,413 | 1,810,218 | 1,781,346 | 1,874,747 | 1,867,238 | 1,821,233 |
| Payables | US$ in thousands | 547,200 | 488,244 | 493,534 | 489,883 | 514,533 | 435,417 | 427,894 | 447,969 | 479,780 | 417,139 | 402,308 | 433,137 | 402,049 | 387,712 | 376,264 | 348,105 | 434,253 | 388,504 | 357,283 | 340,092 |
| Payables turnover | 4.13 | 4.70 | 4.62 | 4.67 | 4.36 | 5.04 | 5.12 | 4.75 | 4.35 | 4.82 | 4.76 | 4.38 | 4.67 | 4.44 | 4.80 | 5.20 | 4.10 | 4.83 | 5.23 | 5.36 |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,262,201K ÷ $547,200K
= 4.13
DaVita HealthCare Partners Inc's payables turnover ratio, which measures how efficiently the company manages its accounts payable, has shown fluctuations over the periods provided.
The payables turnover ratio ranged from a high of 5.36 in March 2020 to a low of 4.10 in December 2020, indicating a decline in the company's ability to efficiently pay off its suppliers during that period. Subsequently, the ratio improved to 5.20 in March 2021 but then decreased again to 4.44 in September 2021.
Overall, the payables turnover ratio has shown some volatility but has generally remained within a range between 4 to 5 times over the reporting periods. This suggests that DaVita HealthCare Partners Inc has been managing its accounts payable effectively, although there have been some fluctuations in efficiency.
It is important for the company to monitor this ratio closely to ensure timely payments to suppliers while also optimizing its working capital management.
Peer comparison
Dec 31, 2024