Avery Dennison Corp (AVY)
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 | 6,225,000 | 6,163,000 | 6,118,700 | 6,083,200 | 6,086,800 | 6,098,000 | 6,283,400 | 6,449,800 | 6,635,100 | 6,707,500 | 6,527,000 | 6,349,200 | 6,095,500 | 5,917,200 | 5,644,700 | 5,264,600 | 5,048,200 | 4,916,600 | 4,961,400 | 5,129,200 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $6,225,000K ÷ $—K
= —
The payables turnover ratio for Avery Dennison Corp is not available for the period ending December 31, 2024. This ratio indicates how efficiently the company is managing its accounts payable by measuring how many times it pays off its suppliers during a specific period.
A higher payables turnover ratio typically suggests that the company is managing its payables well and paying off its suppliers promptly. On the other hand, a lower ratio may indicate that the company is taking longer to pay its suppliers, which could lead to strained relationships or missed discounts.
Without the specific data for Avery Dennison Corp's payables turnover ratio, it is challenging to assess the company's performance in managing its accounts payable effectively. Further information or data points would be necessary to conduct a more detailed analysis and provide insights into the company's payables turnover performance.
Peer comparison
Dec 31, 2024