Fortrea Holdings Inc. (FTRE)
Payables turnover
Dec 31, 2024 | Dec 31, 2023 | ||
---|---|---|---|
Cost of revenue | US$ in thousands | 2,852,400 | 3,013,300 |
Payables | US$ in thousands | 138,200 | 132,900 |
Payables turnover | 20.64 | 22.67 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,852,400K ÷ $138,200K
= 20.64
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
Fortrea Holdings Inc.
FTRE
20.64
Fulgent Genetics Inc
FLGT
—
Laboratory Corporation of America Holdings
LH
10.72
Quest Diagnostics Incorporated
DGX
—
RadNet Inc
RDNT
1.33