Upbound Group Inc. (UPBD)

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 1,970,155 1,959,766 1,996,256 2,062,030 2,165,860 2,273,929 2,368,015 2,435,807 2,348,439 2,034,347 1,708,826 1,386,537 1,142,039 1,109,686 1,072,074 1,035,714 1,025,781 1,011,243 999,070 983,060
Payables US$ in thousands
Payables turnover

December 31, 2023 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,970,155K ÷ $—K
= —

As there is no data provided for the payables turnover ratio for Upbound Group Inc. across multiple periods, a detailed analysis of this ratio cannot be performed at this time. The payables turnover ratio is a liquidity ratio that measures the efficiency of a company in managing its accounts payable by comparing the amount of purchases on credit to the average accounts payable during a certain period. Without the necessary information to calculate this ratio, it is not possible to evaluate Upbound Group Inc.'s ability to efficiently pay its suppliers or manage its working capital with respect to its accounts payable.


Peer comparison

Dec 31, 2023

Company name
Symbol
Payables turnover
Upbound Group Inc.
UPBD
Air Lease Corporation
AL
Archrock Inc
AROC
9.41
United Rentals Inc
URI
9.41