Alamo Group Inc (ALG)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,216,020 | 1,236,010 | 1,137,100 | 999,709 | 871,356 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,216,020K ÷ $—K
= —
The payables turnover ratio for Alamo Group Inc is not available for the years 2020, 2021, 2022, 2023, and 2024 based on the provided data. The payables turnover ratio is a measure of how efficiently a company manages its payables by comparing the purchases made on credit to the average accounts payable balance. Without this ratio, it is challenging to assess Alamo Group Inc's ability to manage its payables effectively and efficiently over these years. Further information or data points would be required to conduct a comprehensive analysis of the payables turnover for Alamo Group Inc.
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
Alamo Group Inc
ALG
—
AGCO Corporation
AGCO
13.25
Deere & Company
DE
—
Lindsay Corporation
LNN
11.12