CNH Industrial N.V. (CNH)

Payables turnover

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 Dec 31, 2019
Cost of revenue (ttm) US$ in thousands 14,732,000 15,661,000 16,422,000 16,838,000 17,111,000 17,208,000 17,122,000 16,797,000 15,864,000 15,160,000 14,499,000 14,109,000 6,510,000 8,236,000 9,634,000 11,152,000 20,806,000 20,643,000 21,280,000 21,832,000
Payables US$ in thousands
Payables turnover

September 30, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $14,732,000K ÷ $—K
= —

As the data for payables turnover is not provided in the table, it is not possible to conduct a detailed analysis of CNH Industrial N.V.'s payables turnover ratio. Payables turnover ratio is a financial metric used to assess how efficiently a company is managing its trade credit from suppliers. A high payables turnover ratio indicates that the company is paying its suppliers quickly, while a low ratio suggests a longer payment period.

To analyze CNH Industrial N.V.'s payables turnover effectively, we would need the company's accounts payable and cost of goods sold figures for each period mentioned in the table. With this information, we could calculate the payables turnover ratio for each period and identify any trends or changes over time. This analysis would provide insights into the company's liquidity, efficiency in managing its payables, and relationships with suppliers.

Without the specific values required to calculate the payables turnover ratio, it is challenging to provide a comprehensive analysis of this metric for CNH Industrial N.V. It is recommended to gather the necessary financial data to calculate the ratio and assess the company's payables management more effectively.


Peer comparison

Sep 30, 2024

Company name
Symbol
Payables turnover
CNH Industrial N.V.
CNH
Astec Industries Inc
ASTE
11.08
Caterpillar Inc
CAT
5.41