Hanover Insurance Group

Hanover Insurance Group Payables Turnover

The Payables Turnover Ratio of Hanover Insurance Group (THG) as of Nov 7, 2026 is 82.51. In the previous year, Payables Turnover Ratio was 132.07 — a change of -37.53% (lower).

Payables Turnover

82.51

YoY

-37.53%

Last updated:

Payables Turnover Ratio of Hanover Insurance Group is 2025 82.51 . Payables Turnover Ratio of Hanover Insurance Group was 2024 132.07 . It decreases by -37.53% lower compared to the previous year.

The Hanover Insurance Group Payables Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Payables Turnover
Date
Payables Turnover
Jan 1, 2018
96.95 USD
Jan 1, 2019
71.01 USD
Jan 1, 2020
78.43 USD
Jan 1, 2021
74.72 USD
Jan 1, 2022
67.09 USD
Jan 1, 2023
82.59 USD
Jan 1, 2024
132.07 USD
Jan 1, 2025
82.51 USD
The Hanover Insurance Group Payables Turnover history
YEARPayables TurnoverYoY
82.51-37.53%
132.07+59.91%
82.59+23.10%
67.09-10.20%
74.72-4.74%
78.43+10.45%
71.01-26.75%
96.95+877.40%
9.92-25.40%
13.30-30.34%
19.09+9.13%
17.49—

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Hanover Insurance Group Stock analysis

What does Hanover Insurance Group do? Hanover Insurance Group Inc is an American company that operates in the insurance and financial services sector. Founded in 1852 in the city of Hanover, New Hampshire, the company has become one of the largest insurance providers in the US and is listed on the New York Stock Exchange. The company's business model combines traditional insurance solutions with modern technologies to provide customers with an optimal customer experience. They offer insurance in various sectors such as automotive, home, life, and leisure industries. Through their wide coverage in different sectors, Hanover Insurance Group Inc is able to offer a variety of products tailored to the specific needs of their customers. They have also developed innovative solutions, such as the Hanover Digital Advantage program, which allows customers to easily and quickly submit insurance applications. The company's digital platform provides various tools and resources to help customers manage their insurance and process claims quickly and easily. They also offer specialized insurance products for small and medium-sized businesses, including cyber security insurance, unemployment insurance, and business content insurance. These insurance options help businesses safeguard against a variety of risks and ensure they remain financially protected in case of damages. Additionally, Hanover Insurance Group Inc places a strong emphasis on building close relationships with their customers, offering personalized advice and support to ensure they receive the best insurance solutions. The company takes pride in its excellent customer service skills and has received multiple awards for it. Furthermore, Hanover Insurance Group Inc has successfully expanded internationally through the establishment of its subsidiary, Hanover Insurance International Holdings Ltd, which offers insurance products in Europe, Asia, and Latin America. In summary, Hanover Insurance Group Inc is a leading American insurance provider offering a wide range of insurance solutions for individuals and businesses. Their innovative business model, combining traditional expertise with modern technologies and personalized advice, has established them as one of the leading providers in the US market. Hanover Insurance Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hanover Insurance Group stock

Payables Turnover Ratio of Hanover Insurance Group is 82.51 in 2025.

Payables Turnover Ratio of Hanover Insurance Group changed from 132.07 to 82.51, representing a -37.53% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Payables Turnover Ratio Hanover Insurance Group since 2006 – with annual values, charts, and detailed analysis.

Payables turnover measures how quickly a company pays its suppliers. Lower turnover may indicate better payment terms or cash flow management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Payables Turnover Ratio's Hanover Insurance Group with sector peers and the industry average to assess whether it is attractive.

To evaluate Payables Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Payables Turnover Ratio.

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Profitability — Hanover Insurance Group

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