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.