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.