Allegheny Technologies Incorporated (ATI)
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 | 3,463,900 | 4,256,400 | 5,092,000 | 5,061,000 | 5,060,400 | 4,168,500 | 3,354,700 | 3,302,000 | 3,121,800 | 2,940,300 | 2,735,300 | 2,524,600 | 2,466,600 | 2,436,500 | 2,353,200 | 2,475,300 | 2,689,300 | 2,925,500 | 3,224,600 | 3,431,700 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,463,900K ÷ $—K
= —
The payables turnover ratio for Allegheny Technologies Incorporated for each period provided is not available, as all values are denoted as "—". The payables turnover ratio is a financial metric that evaluates how efficiently a company manages its accounts payable by comparing the amount of purchases made on credit to the average accounts payable balance during a specific period.
Without the specific figures for payables turnover, it is challenging to assess how effectively the company is managing its payables and whether it is paying its suppliers in a timely manner. A higher payables turnover ratio indicates that the company is paying its suppliers more quickly, which may be beneficial in terms of maintaining good relationships with suppliers and potentially negotiating better payment terms.
However, the lack of data for the payables turnover ratio makes it difficult to draw precise conclusions about Allegheny Technologies' management of its accounts payable over the analyzed periods. It is crucial for investors and stakeholders to monitor this ratio over time to understand how efficiently the company is utilizing its working capital and managing its payment obligations.