International Business Machines (IBM)
Payables turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 27,818,000 | 27,365,000 | 27,173,000 | 26,992,000 | 27,201,000 | 27,201,000 | 27,382,000 | 27,536,000 | 27,560,000 | 27,504,000 | 27,452,000 | 27,724,000 | 27,843,000 | 27,979,000 | 27,447,000 | 26,567,000 | 25,865,000 | 28,515,000 | 31,500,000 | 34,557,000 |
| Payables | US$ in thousands | 4,756,000 | 3,867,000 | 3,974,000 | 3,585,000 | 4,032,000 | 3,274,000 | 3,631,000 | 3,588,000 | 4,132,000 | 3,342,000 | 3,732,000 | 3,728,000 | 4,051,000 | 3,806,000 | 3,707,000 | 3,453,000 | 3,955,000 | 4,248,000 | 4,214,000 | 4,140,000 |
| Payables turnover | 5.85 | 7.08 | 6.84 | 7.53 | 6.75 | 8.31 | 7.54 | 7.67 | 6.67 | 8.23 | 7.36 | 7.44 | 6.87 | 7.35 | 7.40 | 7.69 | 6.54 | 6.71 | 7.48 | 8.35 |
December 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $27,818,000K ÷ $4,756,000K
= 5.85
Peer comparison
Dec 31, 2025
Company name
Symbol
Payables turnover
International Business Machines
IBM
5.85
Accenture plc
ACN
17.60
Concentrix Corporation
CNXC
26.78
Penguin Solutions, Inc.
PENG
3.06
See also:
International Business Machines Payables Turnover (Quarterly Data)