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