AdvanSix Inc (ASIX)
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 | 1,364,621 | 1,410,527 | 1,384,427 | 1,372,333 | 1,368,511 | 1,339,877 | 1,468,738 | 1,585,556 | 1,631,160 | 1,665,665 | 1,588,199 | 1,468,248 | 1,410,501 | 1,328,627 | 1,228,205 | 1,070,060 | 1,024,169 | 1,048,295 | 1,062,660 | 1,167,049 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,364,621K ÷ $—K
= —
The payables turnover ratio for AdvanSix Inc is not available for the periods mentioned. This ratio indicates how efficiently the company is managing its payables by evaluating how many times during a specific period the company pays its suppliers. It is calculated by dividing the total purchases by average accounts payable.
Without specific data points for the payables turnover ratio, it is difficult to assess how quickly AdvanSix is paying its suppliers and managing its payables. In general, a higher payables turnover ratio suggests the company is paying its suppliers more quickly, while a lower ratio could indicate longer payment cycles.
It would be beneficial to obtain more information on the payables turnover ratio for AdvanSix Inc in order to gain insights into the company's liquidity management and efficiency in managing its supplier payments.
Peer comparison
Dec 31, 2024