Clear Secure Inc (YOU)

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
Cost of revenue (ttm)	US$ in thousands	293,683	281,886	266,691	215,291	197,263	178,802	162,241	178,648	161,054	147,237	133,630	120,140	104,936	88,612	76,607	65,978	73,715
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $293,683K ÷ $—K
= —

The payables turnover ratio for Clear Secure Inc is not available for any of the reporting periods provided in the data. Payables turnover is a financial ratio that measures how efficiently a company manages its outstanding supplier payments by comparing the cost of goods sold to average accounts payable outstanding during a specific period.

Without the specific values for payables turnover, it is difficult to assess the company's ability to efficiently manage its trade payables. A high payables turnover ratio typically indicates that the company is paying its suppliers quickly, which can be advantageous in terms of maintaining good supplier relationships. On the other hand, a low payables turnover ratio may suggest that the company is taking longer to pay its bills, which could signal potential liquidity or cash flow issues.

In the absence of the actual payables turnover figures, further analysis of Clear Secure Inc's supplier payment practices and cash management strategies would be required to gain insights into how effectively the company is utilizing its accounts payable and managing its working capital.