Allegion PLC (ALLE)
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 | 2,103,700 | 2,086,900 | 2,066,500 | 2,039,800 | 2,069,300 | 2,068,000 | 2,099,100 | 2,046,600 | 1,949,500 | 1,861,400 | 1,732,200 | 1,700,500 | 1,662,500 | 1,647,200 | 1,639,900 | 1,556,400 | 1,541,100 | 1,534,000 | 1,537,600 | 1,605,200 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,103,700K ÷ $—K
= —
The payables turnover ratio for Allegion PLC has been consistently reported as "-" for all the periods provided, ranging from March 31, 2020, to December 31, 2024. The absence of specific values for payables turnover indicates a lack of available data to calculate this ratio, potentially due to insufficient information on accounts payable and cost of goods sold necessary for the calculation. As a result, a comprehensive analysis or interpretation of the payables turnover for Allegion PLC cannot be performed based on the provided data. It is essential to have accurate figures for accounts payable and cost of goods sold to calculate the payables turnover ratio properly and utilize it effectively in assessing the company's liquidity management and vendor payment practices.