Nexstar Broadcasting Group Inc (NXST)

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 2,060,000 2,811,000 2,785,000 2,562,000 2,362,000 2,114,100 2,088,200 2,052,800 2,004,800 1,968,012 1,933,690 1,891,720 1,849,502 1,815,862 1,760,013 1,714,125 1,708,124 1,708,063 1,605,177 1,487,479
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,060,000K ÷ $—K
= —

The payables turnover ratio for Nexstar Broadcasting Group Inc for the periods provided is not available (denoted by "—"). The payables turnover ratio indicates how many times a company pays off its accounts payable during a specific period. It is calculated by dividing the total purchases by the average accounts payable for the period.

Without the specific numerical values for payables and purchases, it is not possible to calculate or analyze the payables turnover ratio for Nexstar Broadcasting Group Inc. The payables turnover ratio is crucial as it helps assess how efficiently a company manages its payments to suppliers. A higher payables turnover ratio generally suggests a company is efficiently managing its payables, whereas a lower ratio may indicate potential liquidity issues or inefficient payment practices.

In order to provide a detailed analysis of Nexstar Broadcasting Group Inc's payables turnover, it would be necessary to have the actual accounts payable and purchase figures for the respective periods, which are currently not available in the data provided.


Peer comparison

Dec 31, 2024

Company name
Symbol
Payables turnover
Nexstar Broadcasting Group Inc
NXST
Fox Corp Class A
FOXA
Fox Corp Class B
FOX
Paramount Global Class B
PARA
Tegna Inc
TGNA