Perdoceo Education Corp (PRDO)

Payables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	120,860	130,324	116,723	108,743	111,768
Payables	US$ in thousands	—	—	—	—	—
Payables turnover		—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $120,860K ÷ $—K
= —

Based on the provided data, Perdoceo Education Corp's payables turnover ratio is not available or has been indicated as not applicable for the years ended December 31, 2020 through December 31, 2024. The lack of specific payables turnover figures suggests that the company's ability to efficiently manage its accounts payable could not be assessed using this particular ratio over the specified period. This may be due to various reasons such as incomplete data, changes in accounting practices, or the company's unique operational circumstances.

Without the payables turnover ratio, it is challenging to evaluate how quickly Perdoceo Education Corp pays its suppliers relative to its purchases. This ratio typically provides insights into the company's liquidity, cash flow management, and relationships with suppliers. Analysts and investors may consider reaching out to the company for further information or exploring alternative ratios and metrics to gain a more holistic view of the company's financial performance and operational efficiency.