Advance Auto Parts Inc (AAP)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,685,810 | 6,764,100 | 6,192,620 | 6,069,240 | 5,624,710 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $5,685,810K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for Advance Auto Parts Inc is not calculable as the payable turnover figures for the years ending December 31, 2020, 2021, 2022, 2023, and 2024 are not available. Payables turnover ratio is a financial metric that helps assess how efficiently a company manages its accounts payable by measuring the number of times a company pays off its average accounts payable balance during a specific period. Without access to the necessary data points over multiple years, it is not possible to analyze the trends and performance of Advance Auto Parts Inc regarding its payables turnover ratio.
Peer comparison
Dec 31, 2024