Strategic Education Inc (STRA)

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 650,496 638,456 631,523 629,767 624,996 622,319 619,746 605,635 597,321 594,021 594,510 600,080 608,261 606,401 579,924 552,530 532,661 518,977 524,330 529,490
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $650,496K ÷ $—K
= —

The payables turnover ratio for Strategic Education Inc is not available or provided in the data for the periods mentioned from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its accounts payable by comparing the average accounts payable to the cost of goods sold.

A high payables turnover ratio indicates that the company is paying its suppliers quickly, which may suggest good liquidity and strong supplier relationships. On the other hand, a low payables turnover ratio could indicate that the company is taking a long time to pay its suppliers, which may signal liquidity issues or strained supplier relationships.

Without the specific data for Strategic Education Inc's payables turnover ratio, it is difficult to assess the efficiency of the company's payables management and its impact on overall financial performance.