KAR Auction Services Inc (KAR)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 956,300 | 867,600 | 834,300 | 1,299,900 | 1,284,800 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $956,300K ÷ $—K
= —
Based on the provided data, KAR Auction Services Inc's payables turnover ratio is not available for the years 2020 to 2024. The lack of specific figures for this ratio suggests that detailed information regarding the company's payables management efficiency and relationship with suppliers is unavailable for analysis. It is important for stakeholders to have a clear understanding of payables turnover to assess how effectively the company is managing its accounts payable and its ability to settle its short-term obligations. Further data or information about the company's payables turnover for these years would be needed to provide a more in-depth analysis of this aspect of KAR Auction Services Inc's financial performance.
Peer comparison
Dec 31, 2024