United Parcel Service Inc (UPS)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 74,714,000 | 73,727,000 | 87,244,000 | 84,477,000 | 76,814,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $74,714,000K ÷ $—K
= —
Based on the provided data, United Parcel Service Inc's payables turnover ratio is not available for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. The absence of specific figures for this ratio makes it challenging to evaluate the efficiency of the company in managing its accounts payable during these periods. Payables turnover ratio is a key metric that provides insights into how quickly a company pays its suppliers. Without this information, it is difficult to assess the company's liquidity management and relationships with its vendors accurately. Further data or additional financial metrics would be necessary to perform a more comprehensive analysis of United Parcel Service Inc's payables turnover.