Enviri Corporation (NVRI)
Payables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 1,902,590 | 1,633,660 | 1,553,340 | 1,490,560 | 1,500,810 |
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,902,590K ÷ $—K
= —
Based on the provided data, Enviri Corporation's payables turnover ratio for the years 2020 to 2024 is not available as indicated by the placeholder "—". The lack of specific values for the payables turnover ratio makes it challenging to analyze the efficiency of Enviri Corporation in managing its accounts payable. It is important for the company to track this ratio over time to assess its ability to pay off its suppliers in a timely manner and manage its working capital effectively. A consistently low payables turnover ratio may indicate that the company is taking an excessive amount of time to settle its payables, potentially straining relationships with suppliers and impacting cash flow management. Conversely, a high payables turnover ratio could suggest that the company is effectively managing its payables and utilizing supplier credit efficiently. Without the actual values for the payables turnover ratio, a more in-depth analysis of Enviri Corporation's liquidity and operational efficiency cannot be determined.