Verra Mobility Corp (VRRM)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 18,988 43,463 47,262 35,146 33,540
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $18,988K ÷ $—K
= —

Based on the provided data, it appears that payables turnover ratio for Verra Mobility Corp is not available for the years ending December 31, 2020 to December 31, 2024. The absence of this ratio may indicate that specific details related to the company's accounts payable and cost of goods sold are not readily accessible or have not been disclosed. Payables turnover ratio is a key metric that assesses how efficiently a company is managing its accounts payable by comparing them to its cost of goods sold. Without this ratio, it becomes challenging to gauge the company's ability to pay its suppliers or manage its working capital effectively.