Upbound Group Inc. (UPBD)
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 | 2,240,213 | 2,174,712 | 2,098,871 | 2,027,257 | 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 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,240,213K ÷ $—K
= —
The payables turnover ratio for Upbound Group Inc. for the period from March 31, 2020, to December 31, 2024, is not available as the data is indicated as "—". The payables turnover ratio is a measure of how efficiently a company manages its payables by comparing the amount of purchases on credit to the average accounts payable balance. A high payables turnover ratio indicates that the company is paying off its suppliers quickly, which can be beneficial for maintaining good relationships and potentially negotiating better terms. On the other hand, a low payables turnover ratio may suggest that the company is taking longer to pay its suppliers, which could lead to strained relationships or missed discounts. Without specific data on Upbound Group Inc.'s payables turnover ratio, it is challenging to assess the company's efficiency in managing its payables effectively.
Peer comparison
Dec 31, 2024