EPAM Systems Inc (EPAM)

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	3,325,619	3,278,096	3,308,369	3,282,662	3,279,672	3,291,609	3,324,140	3,361,748	3,286,683	3,181,222	3,007,800	2,745,205	2,483,697	2,222,222	1,992,236	1,828,048	1,732,522	1,676,799	1,630,936	1,567,311
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,325,619K ÷ $—K
= —

The provided data indicates that the payables turnover ratio for EPAM Systems Inc is not available for the periods from March 31, 2020, to December 31, 2024. The payables turnover ratio is typically calculated by dividing the total purchases by the average accounts payable balance.

The absence of data for the payables turnover ratio across all the reported periods suggests that detailed information regarding the company's relationships with its suppliers and the management of its accounts payable is not disclosed or readily available in the financial statements.

Without the payables turnover ratio values, it is challenging to assess how efficiently EPAM Systems Inc is managing its accounts payable, including how quickly the company is paying off its suppliers or how well it is utilizing trade credit.

Further analysis and additional financial information would be required to understand the company's payables turnover performance and its implications for EPAM Systems Inc's financial management and operations.