Humana Inc (HUM)
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 | 9,529,000 | 13,356,000 | 13,288,000 | 13,251,000 | 13,188,000 | 27,943,000 | 43,056,000 | 59,044,000 | 75,690,000 | 74,546,000 | 73,478,000 | 71,528,000 | 69,199,000 | 61,813,000 | 47,010,000 | 32,215,000 | 17,036,000 | 14,365,000 | 13,741,000 | 13,090,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,529,000K ÷ $—K
= —
The payables turnover ratio for Humana Inc, based on the provided data, is not available for the periods indicated from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its short-term liabilities with its suppliers. It is calculated by dividing the total purchases made by the company by the average accounts payable during a specific period.
The absence of data for the payables turnover ratio makes it challenging to assess the company's ability to pay its suppliers in a timely manner. A higher payables turnover ratio generally suggests that the company is paying its suppliers more frequently, which could indicate good financial health and strong cash flow management. On the other hand, a lower ratio may indicate that the company is taking longer to pay its suppliers, potentially signaling liquidity issues or strained supplier relationships.
Without the specific values for the payables turnover ratio, it is not possible to provide a detailed analysis of Humana Inc's payables management over the given period. Analysis of this ratio would typically involve comparing it to industry benchmarks, historical performance, and trends over time to assess the company's efficiency in managing its payables.
Peer comparison
Dec 31, 2024