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