Caterpillar Inc (CAT)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 41,485,000 | 43,797,000 | 41,915,000 | 35,968,000 | 29,671,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $41,485,000K ÷ $—K
= —
The data provided indicates that there is no specific information available on Caterpillar Inc's payables turnover ratio for the years spanning from December 31, 2020, to December 31, 2024. As payables turnover is a key financial ratio that reflects a company's ability to efficiently manage its accounts payable, the absence of this data makes it challenging to assess Caterpillar Inc's effectiveness in paying its suppliers within a given period. It is crucial for investors and analysts to have visibility into this metric to better evaluate the company's liquidity management and creditor relationships.
Peer comparison
Dec 31, 2024