Nexstar Broadcasting Group Inc (NXST)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,221,000 | 2,125,000 | 2,004,800 | 1,849,500 | 1,708,120 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,221,000K ÷ $—K
= —
The payables turnover ratio for Nexstar Broadcasting Group Inc is not available for the years December 31, 2020 to December 31, 2024 based on the provided data. The payables turnover ratio is used to evaluate how efficiently a company manages its payables by measuring how many times a company pays off its average accounts payable balance during a period. Without this ratio data, it becomes challenging to assess Nexstar's effectiveness in managing its accounts payable and its liquidity position. It is recommended to seek additional information or historical financial statements to perform a more in-depth analysis of Nexstar Broadcasting Group Inc's payables turnover.
Peer comparison
Dec 31, 2024