Interpublic Group of Companies Inc (IPG)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 8,872,000 | 9,075,100 | 9,083,100 | 8,387,800 | 7,709,400 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $8,872,000K ÷ $—K
= —
The provided data indicates that the payables turnover ratio for Interpublic Group of Companies Inc is not available for the years 2020, 2021, 2022, 2023, and 2024. This may be due to the fact that the necessary financial information needed to calculate this ratio, such as accounts payable and cost of goods sold, is not disclosed or is not relevant for these specific years. The payables turnover ratio measures how efficiently a company is managing its trade payables by assessing how many times a company pays off its suppliers during a specific period. Without this ratio data, it is challenging to evaluate the company's payment practices and liquidity management in relation to its suppliers.
Peer comparison
Dec 31, 2024