Ashland Global Holdings Inc (ASH)
Payables turnover
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,523,000 | 1,561,000 | 1,441,000 | 1,417,000 | 1,497,000 |
| Payables | US$ in thousands | 210,000 | 265,000 | 236,000 | 211,000 | 313,000 |
| Payables turnover | 7.25 | 5.89 | 6.11 | 6.72 | 4.78 |
September 30, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,523,000K ÷ $210,000K
= 7.25
I'm sorry, but it seems that the table containing the data for Ashland Inc's payables turnover is missing. Without the specific data for each year, it's not possible to conduct an analysis on the payables turnover for Ashland Inc.
If you can provide the information for each year, I'd be happy to assist you in analyzing the payables turnover and providing a detailed and comprehensive interpretation of the trend and implications for the company.
Peer comparison
Sep 30, 2023