Equifax Inc (EFX)
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 | 2,518,800 | 2,641,800 | 2,581,800 | 2,538,900 | 2,491,600 | 2,292,800 | 2,250,100 | 2,204,200 | 2,177,200 | 2,163,700 | 2,110,200 | 2,051,100 | 1,981,000 | 1,936,200 | 1,880,400 | 1,806,700 | 1,737,500 | 1,639,500 | 1,580,800 | 1,548,400 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,518,800K ÷ $—K
= —
The payables turnover ratio for Equifax Inc is not provided for the period from March 31, 2020, to December 31, 2024. This ratio is used to assess how efficiently a company is managing its payables by comparing the total purchases made on credit to the average accounts payable during a specific period.
Without specific data points for the payables turnover ratio, it is challenging to evaluate how quickly Equifax Inc is paying off its suppliers or how effectively it is utilizing trade credit. A high payables turnover ratio typically suggests that a company is efficiently managing its payables, whereas a low ratio may indicate that the company is taking longer to pay its suppliers.
It is essential for Equifax Inc to disclose this ratio in future financial reports to provide stakeholders with insights into the company's liquidity management and supplier relationships.