Air Lease Corporation (AL)
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 | 185,934 | 187,392 | 185,744 | 186,144 | 186,015 | 167,116 | 164,064 | 156,744 | 944,244 | 953,941 | 945,305 | 933,480 | 125,280 | 105,225 | 94,382 | 94,276 | 95,684 | 106,607 | 121,083 | 122,273 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $185,934K ÷ $—K
= —
The payables turnover ratio for Air Lease Corporation is not provided for the given time periods spanning from March 31, 2020, to December 31, 2024. This ratio is typically calculated by dividing the total purchases made by the company by the average accounts payable balance during a specific period.
The payables turnover ratio is an important metric used to assess how efficiently a company manages its accounts payable. A higher ratio indicates that the company is paying off its suppliers more quickly, which can be a sign of strong liquidity management. Conversely, a lower ratio may suggest slow payment to suppliers, potential liquidity issues, or inefficient working capital management.
Without the specific payables turnover data, it is challenging to analyze Air Lease Corporation's performance in terms of managing its accounts payable effectively. However, monitoring this ratio over time can provide insights into the company's financial health and operational efficiency in managing its payment obligations to suppliers.
Peer comparison
Dec 31, 2024