CH Robinson Worldwide Inc (CHRW)
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 | 16,398,780 | 16,510,790 | 16,289,550 | 16,275,500 | 16,458,910 | 17,218,450 | 18,734,470 | 20,812,460 | 22,826,440 | 24,165,980 | 24,419,630 | 23,354,450 | 21,493,650 | 19,646,280 | 17,765,330 | 15,932,760 | 15,037,720 | 14,333,030 | 13,937,860 | 14,176,490 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $16,398,780K ÷ $—K
= —
The provided data indicates that CH Robinson Worldwide Inc's payables turnover ratio is not available for the periods up to December 31, 2024. The absence of specific values for the payables turnover ratio suggests that information regarding the company's accounts payable and how quickly they are being settled in relation to its cost of goods sold is not readily available or disclosed in the data provided.
The payables turnover ratio is a financial metric that measures how efficiently a company manages its accounts payable by evaluating how many times a company pays off its average accounts payable balance over a specific period. A higher payables turnover ratio is generally considered better as it indicates that a company is paying its suppliers more frequently, which can be a sign of good financial health and effective working capital management.
Without the specific values for the payables turnover ratio, it is challenging to assess CH Robinson Worldwide Inc's efficiency in managing its payables and its liquidity position based on this particular ratio. It would be beneficial to obtain additional financial information or access the payables turnover ratio data for a comprehensive analysis of the company's accounts payable management and operational efficiency.
Peer comparison
Dec 31, 2024