AAON Inc (AAON)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 803,526 | 778,322 | 761,089 | 750,556 | 769,498 | 750,656 | 731,809 | 703,308 | 651,216 | 584,894 | 510,432 | 450,763 | 396,687 | 369,729 | 361,101 | 346,797 | 358,702 | 362,427 | 354,593 | 356,361 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $803,526K ÷ $—K
= —
The payables turnover ratio for AAON Inc is not available in the provided data for the period from the end of March 2020 to the end of December 2024. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its payments to suppliers and vendors. It is calculated by dividing the total purchases made by the average accounts payable balance during a specific period.
Without the specific values of accounts payable and purchases, we are unable to calculate the payables turnover ratio for AAON Inc. Typically, a higher payables turnover ratio reflects that a company is paying its suppliers more frequently, which could indicate efficient management of working capital. Conversely, a lower ratio may signal that a company is taking longer to pay its suppliers, potentially straining supplier relationships.
It's important to note that the lack of data for the payables turnover ratio in the provided information limits our ability to evaluate AAON Inc's efficiency in managing its accounts payable over the specified period.
Peer comparison
Dec 31, 2024