Astec Industries Inc (ASTE)
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 | 976,900 | 968,900 | 977,800 | 980,900 | 1,007,400 | 1,037,200 | 1,053,500 | 1,044,000 | 1,010,400 | 946,400 | 901,300 | 854,700 | 845,500 | 813,600 | 789,900 | 784,600 | 783,500 | 850,297 | 873,244 | 888,896 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $976,900K ÷ $—K
= —
The payables turnover ratio is a liquidity metric that indicates how many times a company pays off its accounts payable during a specific period. In the case of Astec Industries Inc, the payables turnover ratio data provided for the period March 31, 2020, through December 31, 2024, shows that the values are not available (represented as "—").
The absence of data for the payables turnover ratio makes it challenging to evaluate the efficiency of Astec Industries Inc in managing its payables during these periods. In normal circumstances, a higher payables turnover ratio would typically indicate that the company is paying off its suppliers more frequently, which can suggest good liquidity and strong supplier relationships. On the other hand, a low payables turnover ratio may imply that the company is taking longer to pay its suppliers, potentially straining relationships or experiencing liquidity issues.
Without specific figures for the payables turnover ratio, further analysis and comparison with industry peers or historical data are not possible. It is recommended to monitor this ratio in the future to assess the company's liquidity management and payment practices more effectively.
Peer comparison
Dec 31, 2024