Humana Inc (HUM)

Payables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	—	13,188,000	12,671,000	10,121,000	10,052,000
Payables	US$ in thousands	—	—	—	—	—
Payables turnover		—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $—K ÷ $—K
= —

Based on the provided data for Humana Inc, the payables turnover ratio for the years 2020, 2021, 2022, 2023, and 2024 is not available (denoted by "—"). The payables turnover ratio is a financial metric that measures how efficiently a company is managing its accounts payable by calculating the number of times a company pays its average accounts payable balance during a specific period.

The absence of data for the payables turnover ratio across these years restricts our ability to analyze and assess Humana Inc's ability to manage its accounts payable effectively. Typically, a higher payables turnover ratio indicates that a company is paying off its suppliers more frequently, which can indicate good liquidity management. Conversely, a low payables turnover ratio may suggest that the company is taking longer to pay its invoices, potentially straining relationships with suppliers.

Without the specific figures for Humana Inc's payables turnover ratio, it is challenging to draw conclusions about the company's financial health and operational efficiency in managing its payables. Further data or context would be needed to provide a more detailed analysis of this aspect of Humana Inc's financial performance.