NV5 Global Inc (NVEE)
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 | 374,672 | 497,280 | 488,795 | 472,010 | 447,109 | 421,345 | 401,642 | 392,796 | 400,804 | 395,004 | 384,590 | 369,215 | 347,391 | 337,730 | 327,192 | 318,312 | 324,757 | 310,953 | 295,302 | 282,599 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $374,672K ÷ $—K
= —
Based on the provided data, it appears that the payables turnover ratio for NV5 Global Inc is not available or has not been calculated for the periods from March 31, 2020, to December 31, 2024.
The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its suppliers and its ability to pay its short-term obligations. A higher payables turnover ratio typically indicates that a company is settling its payables more frequently, which may suggest strong liquidity or effective negotiation with suppliers.
Without the specific values for the payables turnover ratio over the given periods, it is challenging to assess NV5 Global Inc's performance in managing its payables effectively. It would be beneficial to have this information to gain insights into the company's working capital management and relationships with its suppliers.
Peer comparison
Dec 31, 2024