Air Lease Corporation (AL)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 185,933 | 186,015 | 928,331 | 125,279 | 95,684 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $185,933K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for Air Lease Corporation is not available for the years 2020, 2021, 2022, 2023, and 2024. The payables turnover ratio is calculated by dividing the total purchases by the average accounts payable during a specific period. This ratio helps assess how efficiently a company is managing its payables and indicates how quickly the company pays its suppliers.
The absence of data for the payables turnover ratio over the specified years prevents us from evaluating Air Lease Corporation's ability to manage its accounts payable effectively. It is essential to monitor this ratio over time to understand the company's liquidity management and its relationships with suppliers for a more comprehensive financial analysis.
Peer comparison
Dec 31, 2024