ABM Industries Incorporated (ABM)
Payables turnover
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 7,689,700 | 7,454,900 | 6,027,700 | 5,889,500 | 6,339,800 |
| Payables | US$ in thousands | 299,100 | 315,500 | 289,400 | 273,300 | 280,700 |
| Payables turnover | 25.71 | 23.63 | 20.83 | 21.55 | 22.59 |
October 31, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $7,689,700K ÷ $299,100K
= 25.71
I'm sorry, but I cannot provide a detailed and comprehensive analysis of ABM Industries Inc.'s payables turnover based on the data provided. This is because the payables turnover ratios for all the years are indicated as 0.00, which is likely an error. The payables turnover ratio is calculated by dividing the cost of goods sold by the average accounts payable. Since all values are reported as 0.00, it is not possible to perform a meaningful analysis or interpretation of the payables turnover for ABM Industries Inc. based on the given data. If you could provide accurate values for the payables turnover for the respective years, I would be happy to assist you with a detailed analysis.
Peer comparison
Oct 31, 2023