Elevance Health Inc (ELV)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 19,750,000 | 124,330,000 | 116,642,000 | 102,645,000 | 88,045,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $19,750,000K ÷ $—K
= —
Based on the provided data, it appears that Elevance Health Inc does not have specific figures for payables turnover for the years ending on December 31, 2020 through December 31, 2024. The absence of data makes it challenging to assess the efficiency of Elevance Health Inc in managing its trade payables during these years. A higher payables turnover ratio generally indicates that the company is paying its suppliers more frequently, which could signify strong liquidity management or favorable supplier relationships. Conversely, a lower payables turnover ratio may raise concerns about liquidity or potential delays in paying trade creditors. Without the actual figures for payables turnover, a comprehensive analysis of this financial metric for Elevance Health Inc is not feasible at this time.
Peer comparison
Dec 31, 2024