Werner Enterprises Inc (WERN)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 2,691,630 2,859,850 2,768,390 2,256,440 1,911,280
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $2,691,630K ÷ $—K
= —

Based on the provided data, the payables turnover ratio for Werner Enterprises Inc is consistently not available (denoted by "—") from December 31, 2020, to December 31, 2024. This could indicate that the company does not disclose or calculate this particular financial ratio. Without the payables turnover ratio, it is challenging to assess the efficiency of Werner Enterprises Inc in managing its accounts payable and the frequency with which the company pays off its suppliers. Investors and analysts may consider other financial ratios and metrics to gain a more comprehensive understanding of the company's financial performance and liquidity management.