Hertz Global Holdings Inc (HTZ)

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 9,300,000 9,336,000 8,567,000 7,941,000 7,487,000 7,039,000 6,866,000 6,830,000 6,607,000 6,122,000 5,513,000 4,953,000 4,609,000 4,672,000 4,610,000 4,812,000 5,660,000 6,422,000 7,402,000 8,110,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,300,000K ÷ $—K
= —

The payables turnover ratio for Hertz Global Holdings Inc is not available for the periods specified in the data provided. This ratio is a measure of how efficiently a company is managing its payables by evaluating how many times a company pays off its average accounts payable balance during a specific period. Without the specific data points for payables turnover, it is not possible to assess how effectively Hertz Global Holdings Inc is utilizing its payables to support its operations. It is essential to have access to the payables turnover ratio over time to understand the company's payment practices and its relationship with suppliers.


Peer comparison

Dec 31, 2024

Company name
Symbol
Payables turnover
Hertz Global Holdings Inc
HTZ
Avis Budget Group Inc
CAR
Ryder System Inc
R
1.88