Insight Enterprises Inc (NSIT)
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 | 6,935,690 | 7,102,520 | 7,304,140 | 7,512,250 | 7,506,320 | 7,788,510 | 8,066,190 | 8,455,270 | 8,794,630 | 8,893,750 | 8,841,630 | 8,398,960 | 7,988,560 | 7,756,050 | 7,301,990 | 7,083,520 | 7,040,650 | 7,051,160 | 7,058,590 | 6,974,810 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $6,935,690K ÷ $—K
= —
The payables turnover ratio for Insight Enterprises Inc is not available or disclosed in the financial data provided. It is a key financial metric that indicates how efficiently a company is managing its accounts payable by comparing the amount owed to suppliers with the average accounts payable for a period.
A high payables turnover ratio typically indicates that a company is paying its suppliers quickly, which can be beneficial for maintaining good relationships with vendors and taking advantage of potential discounts. On the other hand, a low payables turnover ratio may suggest that the company is taking longer to pay its creditors, which could potentially strain relationships or indicate cash flow issues.
Without the specific data points for the payables turnover ratio for Insight Enterprises Inc, it is challenging to assess the company's payables management efficiency over time. Investors and analysts often consider this ratio alongside other financial metrics to better understand a company's liquidity and operational effectiveness in managing its working capital.
Peer comparison
Dec 31, 2024