IQVIA Holdings Inc (IQV)
Payables turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 12,856,000 | 12,451,000 | 12,334,000 | 10,494,000 | 10,183,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $12,856,000K ÷ $—K
= —
To calculate the payables turnover for IQVIA Holdings Inc, we need the relevant financial data, specifically the cost of goods sold (COGS) and accounts payable for the years in question. The payables turnover ratio is calculated by dividing the COGS by the average accounts payable for the period.
Unfortunately, without the specific figures for COGS and accounts payable for each year, we cannot compute the payables turnover ratio. Therefore, the analysis of the payables turnover for IQVIA Holdings Inc based on the provided data is not possible. It is recommended to obtain the necessary financial data to accurately calculate and interpret the payables turnover ratio for a thorough financial analysis.
Peer comparison
Dec 31, 2023