UnitedHealth Group Incorporated (UNH)

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	310,879,000	303,805,000	294,987,000	288,205,000	280,664,000	270,144,000	262,112,000	252,785,000	244,545,000	238,799,000	232,962,000	226,479,000	217,945,000	211,490,000	205,957,000	193,930,000	190,141,000	186,224,000	182,321,000	186,924,000
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $310,879,000K ÷ $—K
= —

The payables turnover ratio for UnitedHealth Group Incorporated is not available for the periods provided in the financial data. A payables turnover ratio is typically calculated by dividing the total purchases made by a company during a period by the average accounts payable balance for the same period. The ratio measures how efficiently a company is managing its payables by indicating how many times, on average, a company pays off its suppliers during a specific time frame.

Without the specific information on purchases and accounts payable balances for UnitedHealth Group Incorporated, a detailed analysis of the payables turnover ratio cannot be performed. However, a higher payables turnover ratio generally indicates that a company is effectively managing its payables and settling its obligations to suppliers in a timely manner. Conversely, a lower payables turnover ratio may suggest that the company is taking longer to pay its suppliers, which could potentially strain supplier relationships or indicate cash flow issues.

It is important to note that the interpretation of the payables turnover ratio should be done in conjunction with other financial ratios and qualitative analysis to get a comprehensive understanding of UnitedHealth Group's financial performance and operational efficiency.