TripAdvisor Inc (TRIP)

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 174,000 232,000 228,000 202,000 174,000 143,000 132,000 122,000 115,000 105,000 96,000 84,000 74,000 67,000 57,000 48,000 55,000 63,000 75,000 92,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $174,000K ÷ $—K
= —

The payables turnover ratio for TripAdvisor Inc is not available for the period provided in the data, as the values are marked as "—". The payables turnover ratio is a financial metric that indicates how efficiently a company manages its accounts payable by comparing the amount of purchases made on credit to the average accounts payable outstanding during a specific period.

While the absence of concrete data makes it challenging to assess TripAdvisor Inc's payables turnover performance, typically, a higher payables turnover ratio suggests that the company is paying off its suppliers more quickly, which can imply favorable relationships with suppliers and efficient cash management. On the other hand, a lower payables turnover ratio may indicate delayed payments to suppliers, which could potentially strain relationships or result in missed early payment discounts.

For a thorough evaluation of TripAdvisor Inc's payables turnover and its implications for the company's financial management, actual data values for the relevant periods would be necessary to determine the trend and effectiveness of its accounts payable management strategy.