Alamo Group Inc (ALG)
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 | 1,224,139 | 1,243,280 | 1,248,367 | 1,258,810 | 1,240,061 | 1,216,194 | 1,187,121 | 1,160,998 | 1,137,098 | 1,101,810 | 1,077,397 | 1,040,310 | 999,709 | 968,103 | 929,211 | 870,611 | 871,356 | 881,554 | 871,550 | 882,793 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,224,139K ÷ $—K
= —
The payables turnover ratio for Alamo Group Inc for the period from March 31, 2020, to December 31, 2024, has been consistently marked as "—", indicating that specific data for this financial metric is not available or has not been disclosed in the financial statements for the mentioned periods.
The payables turnover ratio is an important metric that measures how efficiently a company manages its accounts payable by evaluating the number of times a company pays off its average accounts payable balance during a specific period. A higher payables turnover ratio generally indicates that the company is managing its payables effectively, while a lower ratio may suggest inefficiencies in the payment process or potential liquidity issues.
Unfortunately, without specific numerical values for the payables turnover ratio for Alamo Group Inc, it is challenging to provide a detailed analysis of this metric over time. It is important for stakeholders and analysts to monitor this ratio to assess the company's liquidity position and its ability to manage its payable obligations efficiently.
Peer comparison
Dec 31, 2024