Tegna Inc (TGNA)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,756,120 | 1,718,860 | 1,693,220 | 1,598,760 | 1,503,290 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,756,120K ÷ $—K
= —
The payables turnover ratio for Tegna Inc is not available for the years 2020, 2021, 2022, 2023, and 2024. This could be due to various reasons such as the unavailability of specific data points or the company's operational or reporting practices.
Payables turnover ratio is a financial metric that indicates how efficiently a company is managing its accounts payable by measuring the number of times a company pays off its average accounts payable balance during a period. A higher payables turnover ratio typically indicates that the company is managing its payables effectively and efficiently utilizing its cash flow.
In the absence of specific data for Tegna Inc's payables turnover ratio, further analysis or additional information would be required to assess the company's liquidity management and supplier payment practices accurately.
Peer comparison
Dec 31, 2024