Universal Health Services Inc (UHS)
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 | 9,349,390 | 9,299,240 | 9,185,950 | 9,078,340 | 9,007,630 | 8,939,530 | 8,775,360 | 8,513,220 | 8,250,350 | 7,946,300 | 7,755,280 | 7,513,120 | 7,411,720 | 7,343,790 | 7,319,760 | 7,412,480 | 7,356,760 | 7,299,100 | 7,195,720 | 7,117,620 |
| Payables | US$ in thousands | 613,974 | — | — | — | 636,601 | — | — | — | 658,900 | — | — | — | 570,523 | — | — | — | 446,957 | — | — | — |
| Payables turnover | 15.23 | — | — | — | 14.15 | — | — | — | 12.52 | — | — | — | 12.99 | — | — | — | 16.46 | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,349,390K ÷ $613,974K
= 15.23
Based on the data provided, the payables turnover ratio for Universal Health Services, Inc. is not available for Q4 2023, Q3 2023, Q2 2023, Q1 2023, Q4 2022, Q3 2022, Q2 2022, and Q1 2022. This suggests that the company's payables turnover calculation is zero for all the periods reported, indicating that UHS is not effectively managing its accounts payable in relation to its cost of goods sold. A payables turnover ratio of zero may raise concerns about the company's liquidity, supplier relationships, and possibly inefficient working capital management. Further analysis and comparison with industry benchmarks would provide more insights into UHS's payables management efficiency.
Peer comparison
Dec 31, 2023