IAC Inc. (IAC)
Payables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 1,059,990 | 1,343,250 | 1,922,700 | 1,306,970 | 726,143 |
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,059,990K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for IAC Inc. is not available for the years 2020, 2021, 2022, 2023, and 2024. The payables turnover ratio measures how efficiently a company is managing its accounts payable by evaluating how many times a company pays off its average accounts payable balance within a specific period.
Without the specific values of accounts payable and cost of goods sold, it is not possible to calculate or analyze the payables turnover ratio. This lack of data restricts our ability to assess IAC Inc.'s ability to manage its payables effectively over the specified years.
It is crucial for investors and stakeholders to have access to a complete set of financial data, including accounts payable and cost of goods sold, to gain a holistic understanding of a company's financial performance and liquidity management.
Peer comparison
Dec 31, 2024