Allegion PLC (ALLE)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,103,700 | 2,069,300 | 1,949,500 | 1,662,500 | 1,541,100 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,103,700K ÷ $—K
= —
The payables turnover ratio for Allegion PLC has been noted as "—'' for the years December 31, 2020, 2021, 2022, 2023, and 2024. This indicates that data regarding the payables turnover for these years is not available or has not been disclosed. Payables turnover ratio is an important indicator of how efficiently a company manages its accounts payable. Without this information, it is challenging to assess Allegion PLC's performance in managing its payables during these specific periods. It is advisable for the company to provide this data in future financial reports for a more comprehensive analysis of its financial health and efficiency in managing its payables.