Brinks Company (BCO)

Payables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	3,743,100	3,707,100	3,461,900	3,235,800	2,877,300
Payables	US$ in thousands	—	—	—	—	—
Payables turnover		—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $3,743,100K ÷ $—K
= —

Based on the provided data, it appears that Brinks Company's payables turnover ratio is not available for the years ranging from December 31, 2020, to December 31, 2024. The absence of specific figures for this ratio may indicate that detailed information on the company's accounts payable management and turnover efficiency is not readily available or may not have been disclosed.

The payables turnover ratio is a critical financial metric that measures how efficiently a company is managing its accounts payable by calculating the number of times a company pays off its average accounts payable balance within a specific period. A higher payables turnover ratio typically indicates that the company is effectively managing its payables and paying its suppliers in a timely manner.

In the absence of specific data on Brinks Company's payables turnover ratio, further analysis and additional financial information would be necessary to assess the company's liquidity, working capital management, and relationships with its suppliers. Understanding the payables turnover ratio would provide valuable insights into the company's operational efficiency and financial health in terms of managing its payables.