Everus Construction Group Inc (ECG)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cost of revenue US$ in thousands 2,510,230 2,532,120 2,423,200 1,803,700
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $2,510,230K ÷ $—K
= —

The payables turnover ratio for Everus Construction Group Inc for the years ending December 31, 2021, 2022, 2023, and 2024 is not available as the data is represented as "—".

The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its payments to suppliers and vendors. It is calculated by dividing the cost of goods sold by the average accounts payable during a specific period. A higher payables turnover ratio suggests that the company is paying its suppliers more quickly, which can indicate strong liquidity and effective working capital management.

Without the specific values for the payables turnover ratio for Everus Construction Group Inc, it is not possible to provide an in-depth analysis of the company's payables management over the specified years. It is recommended to obtain the actual figures for the payables turnover ratio to assess the company's efficiency in managing its payables and its financial performance in more detail.