IQVIA Holdings Inc (IQV)
Payables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 12,856,000 | 12,804,000 | 12,688,000 | 12,561,000 | 12,451,000 | 12,506,000 | 12,417,000 | 12,408,000 | 12,334,000 | 12,124,000 | 11,651,000 | 10,993,000 | 10,494,000 | 10,165,000 | 10,151,000 | 8,450,000 | 6,636,000 | 4,608,000 | 2,794,000 | 2,785,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $12,856,000K ÷ $—K
= —
As per the provided data, the payables turnover ratio for IQVIA Holdings Inc is not available for each quarter of 2023 or 2022. Without this specific financial metric, it is challenging to assess the efficiency at which IQVIA is managing its accounts payable during these periods. Payables turnover ratio helps in understanding how quickly a company pays off its suppliers and creditors. Analysis of this ratio provides insights into the company's liquidity, payment terms negotiation ability, and overall financial health. However, the absence of this data limits the ability to evaluate IQVIA's payables management performance effectively.
Peer comparison
Dec 31, 2023