Tenet Healthcare Corporation (THC)
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 | 13,302,000 | 17,030,000 | 14,578,000 | 11,037,000 | 7,317,000 | 3,519,000 | 3,459,000 | 3,379,000 | 3,273,000 | 3,251,000 | 3,261,000 | 3,309,000 | 3,328,000 | 3,314,000 | 3,271,000 | 3,023,000 | 2,982,000 | 2,961,000 | 2,937,000 | 3,079,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $13,302,000K ÷ $—K
= —
Based on the provided data for Tenet Healthcare Corporation, the payables turnover ratio is not available from March 31, 2020, to December 31, 2024. The lack of specific figures for payables turnover in these periods makes it challenging to assess the efficiency of the company in managing its accounts payable during these time frames.
The payables turnover ratio is a financial metric that measures how quickly a company pays its suppliers. A higher payables turnover ratio generally indicates that the company is managing its payables effectively and paying its suppliers in a timely manner. On the other hand, a lower payables turnover ratio might suggest that the company is taking longer to pay its suppliers, which could potentially strain relationships or indicate liquidity issues.
In the absence of the payables turnover data for Tenet Healthcare Corporation, it is not possible to provide a detailed analysis of how the company's payables management has evolved over time. It is important for investors and stakeholders to monitor this ratio to gain insights into the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024