R1 RCM Inc (RCM)

Payables turnover

Dec 31, 2023 Dec 31, 2022
Cost of revenue US$ in thousands 2,266,600 1,876,700
Payables US$ in thousands 22,700 33,400
Payables turnover 99.85 56.19

December 31, 2023 calculation

Payables turnover = Cost of revenue ÷ Payables
= $2,266,600K ÷ $22,700K
= 99.85


Peer comparison

Dec 31, 2023

Company name
Symbol
Payables turnover
R1 RCM Inc
RCM
99.85
Gartner Inc
IT
76.32
Premier Inc
PINC
7.59