Interpublic Group of Companies Inc (IPG)
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 | 9,002,200 | 9,206,400 | 9,248,600 | 9,161,800 | 9,140,400 | 9,085,800 | 9,082,600 | 9,105,700 | 9,083,100 | 9,099,700 | 8,975,900 | 8,701,600 | 8,387,800 | 8,010,200 | 7,666,500 | 7,436,000 | 7,709,400 | 8,053,400 | 8,383,700 | 8,751,100 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,002,200K ÷ $—K
= —
The payables turnover ratio for Interpublic Group of Companies Inc is not available as the payables turnover data is not provided in the financial statement. Payables turnover is a financial ratio that measures how efficiently a company is managing its accounts payable by comparing the cost of goods sold to its average accounts payable for a specific period.
Typically, a high payables turnover ratio indicates that the company is paying its suppliers quickly and efficiently, while a low ratio may suggest that the company is not managing its payables effectively or might be experiencing cash flow issues. Without the specific data for Interpublic Group of Companies Inc, it is difficult to assess the company's payables turnover performance and its implications for its financial health and operational efficiency.
Peer comparison
Dec 31, 2024