Elevance Health Inc (ELV)

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 100,079,000 125,401,000 123,058,000 124,090,000 97,025,000 69,337,000 42,168,000 13,633,000 13,035,000 12,459,000 11,920,000 11,465,000 10,895,000 31,913,000 51,936,000 68,869,000 88,045,000 85,340,000 83,172,000 83,993,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $100,079,000K ÷ $—K
= —

The information provided for Elevance Health Inc payables turnover shows that there are no specific values available for the payables turnover ratio from March 31, 2020, to December 31, 2024. The lack of data points for this ratio indicates that a detailed analysis of the payables turnover trend over time cannot be performed using the provided information. Payables turnover is a key financial ratio that reflects how efficiently a company manages its accounts payable by calculating how many times a company pays its average accounts payable balance during a specific period.

Without the actual numerical values for the payables turnover ratio, it is not possible to evaluate the company's ability to efficiently manage its accounts payable and determine whether there are any significant changes or trends in this aspect of the company's financial operations. Payables turnover ratio is crucial for understanding a company's liquidity management and its relationships with its suppliers.

To provide a more insightful analysis and better understanding of Elevance Health Inc's payables turnover performance, it would be beneficial to have access to the actual data points for this ratio over the specified periods.


Peer comparison

Dec 31, 2024


See also:

Elevance Health Inc Payables Turnover (Quarterly Data)