Waystar Holding Corp. Common Stock (WAY)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 315,730 | 249,767 | 214,891 | 151,766 |
| Payables | US$ in thousands | 47,365 | 45,484 | 28,095 | 34,825 |
| Payables turnover | 6.67 | 5.49 | 7.65 | 4.36 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $315,730K ÷ $47,365K
= 6.67