American Axle & Manufacturing (AXL)
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 | 5,433,500 | 5,543,000 | 5,630,700 | 5,584,700 | 5,483,100 | 5,372,600 | 5,309,100 | 5,181,400 | 5,097,500 | 4,967,100 | 4,656,800 | 4,485,300 | 4,433,900 | 4,540,200 | 4,657,000 | 4,177,900 | 4,128,100 | 4,173,300 | 4,437,700 | 5,279,500 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,433,500K ÷ $—K
= —
The payables turnover ratio for American Axle & Manufacturing is unavailable for the periods provided in the dataset (from March 2020 to December 2024). The payables turnover ratio is typically calculated by dividing the total purchases made from suppliers by the average accounts payable balance during a specific period.
Without the specific figures for accounts payable and purchases, it is not possible to compute the payables turnover ratio. This ratio is important as it measures how effectively a company is managing its accounts payable by evaluating how many times a company pays off its average accounts payable balance within a specific period. A higher turnover ratio indicates that the company is efficiently managing its payables, while a lower ratio may suggest delays in payments or potentially strained supplier relationships.
Peer comparison
Dec 31, 2024