Lumen Technologies Inc (LUMN)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 6,703,000 | 7,144,000 | 7,868,000 | 8,488,000 | 8,934,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $6,703,000K ÷ $—K
= —
Based on the provided data, it appears that no specific information is available for Lumen Technologies Inc's payables turnover for the years 2020 through 2024. As a result, it is challenging to provide a detailed analysis of this particular ratio for the company during this period.
The payables turnover ratio is a financial metric that measures how efficiently a company is managing its accounts payable by evaluating the frequency with which it pays its suppliers. A higher payables turnover ratio generally indicates that a company is paying its suppliers more quickly.
In the absence of data for Lumen Technologies Inc's payables turnover for the specified years, it is recommended to gather additional information or seek clarification to conduct a more thorough analysis of the company's accounts payable management and supplier payment efficiency.
Peer comparison
Dec 31, 2024