CNH Industrial N.V. (CNH)
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 | 13,332,000 | 14,700,000 | 15,642,000 | 16,412,000 | 16,805,000 | 17,008,000 | 17,015,000 | 16,909,000 | 16,594,000 | 18,816,000 | 18,189,000 | 17,553,000 | 17,180,000 | 6,510,000 | 8,236,000 | 9,634,000 | 11,152,000 | 20,806,000 | 20,643,000 | 21,280,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $13,332,000K ÷ $—K
= —
The payables turnover ratio for CNH Industrial N.V. is not available from the provided data for the period March 31, 2020, to December 31, 2024. The payables turnover ratio is typically calculated by dividing the total purchases or cost of goods sold by the average accounts payable balance for a specific period.
Without the specific payables turnover figures, it is challenging to analyze how efficient CNH Industrial N.V. is at managing its accounts payable. A high payables turnover ratio indicates that the company is paying its suppliers quickly, which may imply strong cash flow management. On the other hand, a low ratio may suggest that the company is taking longer to pay its creditors, potentially signaling liquidity issues or strain on supplier relationships.
For a more comprehensive financial analysis and to better understand CNH Industrial N.V.'s financial performance and liquidity management, it would be beneficial to have access to the actual payables turnover figures over the specified timeline.
Peer comparison
Dec 31, 2024