Verisk Analytics Inc (VRSK)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 230,500 | 876,500 | 824,600 | 1,057,800 | 993,900 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $230,500K ÷ $—K
= —
The data provided indicates that the payables turnover ratio for Verisk Analytics Inc is not available or provided for the years ending December 31, 2020 through December 31, 2024. The payables turnover ratio is a financial metric that measures how efficiently a company manages its accounts payable by paying its suppliers. Without the specific values for the payables turnover ratio, it is challenging to assess Verisk Analytics Inc's efficiency in managing its payables during the specified period.
In order to perform a comprehensive analysis of Verisk Analytics Inc's payables turnover, it would be necessary to have the actual values for this ratio for the specified years. The payables turnover ratio is calculated by dividing the cost of goods sold by the average accounts payable balance to determine how many times a company pays off its suppliers in a given period.
Further insights into Verisk Analytics Inc's payables turnover ratio could provide valuable information about the company's liquidity management, supplier payment practices, and potential relationships with its vendors. Without the specific data, a thorough analysis of the efficiency of Verisk Analytics Inc's payables turnover is not feasible.
Peer comparison
Dec 31, 2024