Service Corporation International (SCI)

Payables turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	3,007,971	2,987,332	2,985,920	2,958,184	2,954,059	2,920,414	2,870,019	2,860,020	2,820,068	2,761,026	2,719,242	2,606,299	2,534,682	2,512,666	2,467,590	2,487,748	2,470,205	2,447,864	2,450,971	2,437,510
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,007,971K ÷ $—K
= —

Service Corp. International's payables turnover ratio for Q4 2023 stands at 14.79, a decrease from the ratio of 16.60 in Q4 2022. This indicates that the company is taking longer to pay its suppliers compared to the previous year. However, as the data for the other quarters in 2023 is not available, it is difficult to provide a complete trend analysis. It is important to monitor the payables turnover ratio over time to assess the efficiency of the company's payables management and its relationships with suppliers.

Peer comparison

Dec 31, 2023

Company name

Symbol

Payables turnover

Service Corporation International

SCI

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