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.


See also:

Humana Inc Payables Turnover (Quarterly Data)