The Andersons Inc (ANDE)
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 | 10,563,620 | 10,648,880 | 11,683,010 | 12,861,430 | 14,004,760 | 15,516,930 | 16,094,500 | 16,516,030 | 16,641,220 | 15,722,450 | 14,543,880 | 13,396,500 | 12,019,360 | 10,814,990 | 9,730,350 | 8,406,420 | 7,678,000 | 7,040,920 | 7,122,180 | 7,538,020 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $10,563,620K ÷ $—K
= —
The payables turnover ratio for The Andersons Inc is not provided in the data for the period from March 31, 2020, to December 31, 2024. Payables turnover ratio measures how efficiently a company is managing its trade payables by comparing the purchases made on credit with the average accounts payable during a certain period.
Without the specific data points for this ratio, it is not possible to analyze how quickly The Andersons Inc is paying off its suppliers or how efficiently it is utilizing its trade credit. In general, a higher payables turnover ratio indicates that the company is paying its suppliers more quickly, while a lower ratio may suggest delays in settlement or a less efficient management of payables.
For a comprehensive assessment of The Andersons Inc's payables turnover and its implications on the company's financial management, the ratio values for the specific periods under review would be needed for a detailed analysis.
Peer comparison
Dec 31, 2024