Amentum Holdings Inc. (AMTM)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 9,476,000 | 7,590,000 | 4,822,000 | 4,864,000 | 4,838,000 | 4,765,000 |
| Payables | US$ in thousands | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,476,000K ÷ $—K
= —
The payables turnover ratio for Amentum Holdings Inc. has been reported as "—", indicating that specific information on payables turnover is not available for the periods presented. Without this data, it is not possible to calculate the payables turnover ratio or analyze how efficiently the company is managing its accounts payable.
However, the payables turnover ratio is a crucial financial metric that helps assess how effectively a company is managing its trade payables by comparing the cost of goods sold to its average accounts payable balance. A lower payables turnover ratio can imply that the company is taking longer to pay its suppliers, which could indicate potential liquidity issues or strained relationships with suppliers.
Given the absence of data on payables turnover, it is recommended that Amentum Holdings Inc. reassesses its financial reporting practices to provide more transparent and informative disclosures regarding its payables turnover ratio in future financial statements. This will enable stakeholders to better evaluate the company's efficiency in managing its accounts payable and overall financial health.
Peer comparison
Dec 31, 2024