EPAM Systems Inc (EPAM)
Payables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 3,277,500 | 3,374,010 | 3,286,680 | 2,483,700 | 1,732,520 |
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $3,277,500K ÷ $—K
= —
As per the provided data, the payables turnover ratio for EPAM Systems Inc is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. The lack of information regarding payables turnover makes it challenging to assess the company's efficiency in managing its accounts payable during those years. It is important to have this ratio to understand how quickly the company is paying its suppliers, as a higher turnover ratio often indicates better liquidity and more efficient management of payables.
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
EPAM Systems Inc
EPAM
—
Aspen Technology Inc
AZPN
47.24
Cognizant Technology Solutions Corp Class A
CTSH
49.54
Doximity Inc
DOCS
22.49
Synaptics Incorporated
SYNA
8.40
VeriSign Inc
VRSN
18.06