IQVIA Holdings Inc (IQV)
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 | 13,054,000 | 13,085,000 | 12,975,000 | 12,895,000 | 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 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $13,054,000K ÷ $—K
= —
The payables turnover ratio for IQVIA Holdings Inc is not available for the period up to December 31, 2024, as indicated by the data provided in the JSON. The payables turnover ratio is an important financial metric that evaluates a company's efficiency in paying its suppliers and managing its accounts payable.
Typically, a higher payables turnover ratio is preferred, as it indicates that the company is paying its suppliers more frequently within a shorter time frame. This may suggest strong liquidity, good relationships with suppliers, and efficient working capital management.
On the other hand, a lower payables turnover ratio might indicate that the company is taking longer to pay its suppliers, which could potentially strain supplier relationships or signal cash flow issues.
Without the specific data points for IQVIA Holdings Inc, it is not possible to provide a detailed analysis of how the company has managed its payables turnover ratio over time and compared to industry benchmarks. It is advisable to monitor this ratio closely in future financial statements to assess the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024