Maximus Inc

NYSE MMS

Download Data

Maximus Inc Accounts Payable Turnover Ratio 5 year CAGR for the quarter ending March 31, 2024: 2.31%

Maximus Inc Accounts Payable Turnover Ratio 5 year CAGR is 2.31% for the quarter ending March 31, 2024, a 220.35% 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.
  • Maximus Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2023 was 4.65, a 19.67% change year over year.
  • Maximus Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2022 was 3.89, a 12.89% change year over year.
  • Maximus Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2021 was 3.44, a -19.41% change year over year.
  • Maximus Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2020 was 4.27, a -1.92% change year over year.
NYSE: MMS

Maximus Inc

CEO Mr. Bruce L. Caswell
IPO Date June 12, 1997
Location United States
Headquarters 1600 Tysons Boulevard, Tysons, VA, United States, 22102
Employees 39,600
Sector Industrials
Industry Specialty business services
Description

Maximus, Inc. operates as a provider of government services in the United States and internationally. It operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments. This segment also provides employment services, such as eligibility support, case management, job-readiness preparation, job search and employer outreach, job retention and career advancement, and educational and training services; technology solutions; system implementation project management services; and specialized consulting services. The U.S. Federal Services segment offers Business process services, eligibility and enrollment, outreach, and other services for federal health and human services programs; clinical services; and technology solutions, including application development and modernization services, enterprise business solutions, advanced analytics and emerging technologies, cybersecurity services, and infrastructure and engineering solutions. The Outside the U.S. segment offers BPS solutions for international governments, including health and disability assessments, program administration for employment services, wellbeing solutions, and other job seeker-related services. Maximus, Inc. was founded in 1975 and is headquartered in McLean, Virginia.

Similar companies

BV

BrightView Holdings

NA

NA

AZZ

AZZ Incorporated

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email