Kyndryl Holdings Inc (KD)
Payables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | — | 13,189,000 | 14,498,000 | 16,550,000 | 17,143,000 |
| Payables | US$ in thousands | — | 1,408,000 | 1,774,000 | 1,140,000 | 919,000 |
| Payables turnover | — | 9.37 | 8.17 | 14.52 | 18.65 |
March 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $—K ÷ $—K
= —
Kyndryl Holdings Inc's payables turnover has shown a decreasing trend over the years. In March 2021, the payables turnover ratio was 18.65, indicating that the company was able to turn over its payables about 18.65 times during that period. However, by March 2025, the payables turnover ratio was not provided (denoted as "—"), suggesting potential data unavailability or changes in reporting practices.
The declining trend in payables turnover may indicate potential changes in the company's payment practices or supplier relationships. A decreasing payables turnover ratio could imply that Kyndryl Holdings Inc is taking longer to pay its suppliers, which may impact their relationships with vendors or indicate cash flow issues. It is important for stakeholders to further investigate the reasons behind this trend to assess the company's financial health and operations effectively.
Peer comparison
Mar 31, 2025