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