Brinks Company (BCO)

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 3,743,100 3,730,600 3,708,000 3,714,000 3,707,100 3,659,100 3,618,800 3,542,500 3,461,900 3,408,100 3,365,000 3,316,700 3,235,800 3,172,700 3,078,000 2,942,700 2,877,300 2,826,700 2,798,200 2,822,800
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

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

The payables turnover ratio for Brinks Company is not available or reported for any of the periods from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that measures how efficiently a company manages its payables and pays off its suppliers. A higher payables turnover ratio is generally favorable as it indicates that the company is paying its suppliers more frequently, which may imply better liquidity management and potentially good relationships with suppliers.

Without the specific data on the payables turnover ratio for Brinks Company, it is challenging to assess the company's effectiveness in managing its accounts payable and analyzing its payment practices over time. This highlights a limitation in the available financial information for conducting a comprehensive analysis of this particular aspect of Brinks Company's financial performance.