Equifax Inc (EFX)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,518,700 | 2,335,100 | 2,177,200 | 1,980,900 | 1,737,400 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,518,700K ÷ $—K
= —
Based on the provided data, Equifax Inc's payables turnover ratio is not available for the years 2020 to 2024. The payables turnover ratio is a key financial metric that indicates how efficiently a company manages its accounts payable. It helps assess how quickly a company pays off its suppliers relative to its purchases.
Without the specific data for payables turnover, it is difficult to evaluate Equifax Inc's ability to manage its payables effectively. A higher payables turnover ratio generally suggests that the company is paying its suppliers promptly, while a lower ratio may indicate a longer payment cycle.
In the absence of this data, it is recommended for Equifax Inc to provide more detailed financial information to enable a more thorough analysis of their payables turnover and overall financial performance.