Taskus Inc

NASDAQ TASK

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Taskus Inc Accounts Payable Turnover Ratio 3 year CAGR for the year ending December 31, 2023: 47.50%

Taskus Inc Accounts Payable Turnover Ratio 3 year CAGR is 47.50% for the year ending December 31, 2023, a 132.28% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Taskus Inc Accounts Payable Turnover Ratio for the year ending December 31, 2022 was 25.92, a 39.30% change year over year.
  • Taskus Inc Accounts Payable Turnover Ratio for the year ending December 31, 2021 was 18.60, a 63.19% change year over year.
  • Taskus Inc Accounts Payable Turnover Ratio for the year ending December 31, 2020 was 11.40, a -23.14% change year over year.
  • Taskus Inc Accounts Payable Turnover Ratio for the year ending December 31, 2019 was 14.83.
NASDAQ: TASK

Taskus Inc

CEO Mr. Bryce Maddock
IPO Date June 11, 2021
Location United States
Headquarters 1650 Independence Drive, New Braunfels, TX, United States, 78132
Employees 49,600
Sector Technology
Industry Information technology services
Description

TaskUs, Inc. provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions. The company also provides trust and safety solutions, such as review and disposition of user and advertiser generated visual, text, and audio content, which include removal or labeling of policy violating, and offensive or misleading content, as well as risk management, compliance, identity management, and fraud services; and artificial intelligence (AI) solutions that consist of data labeling, annotation, context relevance, and transcription services for training and tuning machine learning algorithms that enables to develop AI systems. It serves clients in various industry segments comprising e-commerce, FinTech, food delivery and ride sharing, gaming, technology, HealthTech, social media, and streaming media. The company was formerly known as TU TopCo, Inc. and changed its name to TaskUs, Inc. in December 2020. TaskUs, Inc. was founded in 2008 and is headquartered in New Braunfels, Texas.

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StockViz Staff

September 20, 2024

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