Ball Corporation (BALL)
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 | 9,648,000 | 10,063,000 | 10,532,000 | 10,944,000 | 10,946,000 | 11,272,000 | 11,653,000 | 12,182,000 | 12,766,000 | 12,717,000 | 12,293,000 | 11,608,000 | 11,085,000 | 10,552,000 | 10,131,000 | 9,601,000 | 9,323,000 | 9,034,000 | 8,967,000 | 9,165,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,648,000K ÷ $—K
= —
The payables turnover ratio for Ball Corporation is not available for the period from March 31, 2020, to December 31, 2024, as indicated in the financial data provided. The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its payables by comparing the cost of goods sold to its average accounts payable during a specific period.
While the absence of specific data limits the detailed analysis and interpretation of Ball Corporation's payables turnover ratio, it is essential to monitor this ratio over time to assess the company's ability to effectively manage its trade payables and working capital. A high payables turnover ratio may indicate that the company is paying off its suppliers quickly, which could potentially strain liquidity. On the other hand, a low payables turnover ratio could suggest that the company is taking longer to pay its suppliers, potentially signaling efficient cash flow management or negotiation leverage.
In conclusion, without specific figures for the payables turnover ratio, further analysis is needed to evaluate Ball Corporation's payment practices and liquidity management strategies.
Peer comparison
Dec 31, 2024