Fidelity National Information Services Inc

NYSE FIS

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Fidelity National Information Services Inc Payables Turnover for the year ending December 31, 2023: 3.31

Fidelity National Information Services Inc Payables Turnover is 3.31 for the year ending December 31, 2023, a 3.21% change year over year. Payables turnover measures the efficiency with which a company manages its accounts payable. It is calculated by dividing the cost of revenue by the accounts payable. This ratio indicates how quickly a company pays off its obligations to suppliers and vendors. A higher turnover suggests that the company is efficiently managing its accounts payable, while a lower ratio may indicate a slower payment process or potential liquidity issues.

Fidelity National Information Services Inc Payables Turnover for the year ending December 31, 2022 was 3.20, a 5.65% change year over year.
Fidelity National Information Services Inc Payables Turnover for the year ending December 31, 2021 was 3.03, a -9.87% change year over year.
Fidelity National Information Services Inc Payables Turnover for the year ending December 31, 2020 was 3.36, a 20.80% change year over year.
Fidelity National Information Services Inc Payables Turnover for the year ending December 31, 2019 was 2.78, a -45.05% change year over year.

NYSE: FIS

Fidelity National Information Services Inc

CEO	Mr. Gary Adam Norcross
IPO Date	June 20, 2001
Location	United States
Headquarters	601 Riverside Avenue, Jacksonville, FL, United States, 32204
Employees	60,000
Sector	Technology
Industry	Information technology services

Description

Fidelity National Information Services, Inc. engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions. It also offers trading and asset, lending, leveraged and syndicated loan markets, and treasury and risk solutions. The company was founded in 1968 and is headquartered in Jacksonville, Florida.

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