Albany International Corporation (AIN)
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 | 828,839 | 835,980 | 807,249 | 759,057 | 724,191 | 692,162 | 672,961 | 662,318 | 645,105 | 617,254 | 597,584 | 569,599 | 550,850 | 542,546 | 526,843 | 517,062 | 529,538 | 555,036 | 597,365 | 643,122 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $828,839K ÷ $—K
= —
The payables turnover ratio for Albany International Corporation is not available for the given periods as the data is represented by dashes ("—"). The payables turnover ratio measures how efficiently a company is managing its accounts payable by comparing the amount of purchases made on credit with the average accounts payable balance.
Without the specific data points for the payables turnover ratio, it is not possible to analyze the efficiency of Albany International Corporation in paying its suppliers and managing its accounts payable in relation to its purchases. It would be beneficial to have the actual figures for the relevant periods to conduct a meaningful analysis and assess the company's performance in this aspect.