Viatris Inc (VTRS)

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 9,054,800 8,955,600 8,927,400 8,933,900 8,961,400 9,349,400 9,334,800 9,375,300 9,545,800 9,739,100 9,998,600 10,241,800 10,454,000 10,128,700 9,345,100 8,352,000 7,373,700 7,008,200 7,100,600 7,218,500
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,054,800K ÷ $—K
= —

Based on the provided data, the payables turnover ratio for Viatris Inc is not available or not provided for the periods from March 31, 2020, to December 31, 2024.

The payables turnover ratio is a financial metric that assesses how effectively a company is managing its payments to suppliers in relation to its purchases on credit. It is calculated by dividing the cost of goods sold by the average accounts payable for a specific period. A higher payables turnover ratio indicates that the company is paying its suppliers more frequently, which can be beneficial as it may suggest efficient management of payables and strong relationships with suppliers.

Without the specific values for payables turnover for Viatris Inc, it is difficult to provide a detailed analysis of the company's payables management efficiency over time. However, it is worth noting that a stable or improving payables turnover ratio over time could indicate effective management of working capital and liquidity. On the other hand, a declining payables turnover ratio may suggest issues with cash flow management or supplier relationships that could warrant further investigation.

In conclusion, while the specific payables turnover data for Viatris Inc is not available in the provided dataset, monitoring this ratio over time can provide valuable insights into the company's financial health and operational efficiency.