Genpact Limited (G)
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 | 3,077,073 | 3,012,803 | 2,966,254 | 2,921,904 | 2,906,223 | 2,884,861 | 2,869,118 | 2,867,890 | 2,834,774 | 2,820,093 | 2,756,560 | 2,675,286 | 2,590,252 | 2,501,241 | 2,453,384 | 2,414,294 | 2,418,137 | 2,435,140 | 2,402,970 | 2,380,322 |
| Payables | US$ in thousands | 36,469 | 18,513 | 28,430 | 28,032 | 27,739 | 26,659 | 41,956 | 22,713 | 35,809 | 27,925 | 26,964 | 21,098 | 24,984 | 24,834 | 25,194 | 21,567 | 13,910 | 30,754 | 19,182 | 26,070 |
| Payables turnover | 84.38 | 162.74 | 104.34 | 104.23 | 104.77 | 108.21 | 68.38 | 126.27 | 79.16 | 100.99 | 102.23 | 126.80 | 103.68 | 100.72 | 97.38 | 111.94 | 173.84 | 79.18 | 125.27 | 91.31 |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,077,073K ÷ $36,469K
= 84.38
The payables turnover ratio for Genpact Limited has shown fluctuations over the specified periods. The ratio, which measures how efficiently a company manages its payments to suppliers, has varied between a low of 68.38 and a high of 173.84.
Analyzing the trend, we can see that the payables turnover ratio increased significantly from December 31, 2020, to March 31, 2021, reflecting a faster rate of paying off suppliers during that period. However, the ratio decreased in the subsequent months before picking up again by December 31, 2021.
From March 31, 2022, to June 30, 2022, there was a noticeable decline in the payables turnover ratio, indicating a slower payment to suppliers during that time frame. The ratio then showed some volatility over the following quarters, with fluctuations but generally staying above 100.
By December 31, 2024, the payables turnover ratio peaked at 162.74, suggesting that Genpact was managing its payables more efficiently at the end of the period. However, it is essential to consider the context of the industry and company dynamics when interpreting these figures further.
Peer comparison
Dec 31, 2024