Verra Mobility Corp (VRRM)
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 | 86,473 | 119,577 | 126,213 | 96,559 | 69,695 | 41,915 | 45,362 | 47,101 | 47,262 | 53,234 | 48,576 | 44,013 | 35,146 | 24,749 | 21,941 | 24,538 | 33,540 | 32,635 | 33,266 | 27,724 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $86,473K ÷ $—K
= —
The payables turnover ratio provides insight into how efficiently a company manages its accounts payable by measuring how many times a company pays off its average accounts payable balance during a period.
Based on the data provided for Verra Mobility Corp, it appears that the payables turnover ratio is not available or was not disclosed for the periods from March 31, 2020, to December 31, 2024. As a result, we are unable to analyze the company's payables turnover and draw any conclusions regarding its ability to manage its accounts payable effectively.
Without the specific figures for payables turnover, it is challenging to assess how Verra Mobility Corp is performing in terms of managing its suppliers and creditors. To provide a more thorough analysis of the company's financial health, it would be necessary to obtain the relevant data or additional information related to its payables turnover ratio in future reports.
Peer comparison
Dec 31, 2024