Crane Company (CR)
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 | 1,263,400 | 1,400,400 | 1,368,100 | 1,319,300 | 1,455,800 | 1,604,400 | 1,763,100 | 1,990,300 | 1,982,800 | 1,977,600 | 2,001,100 | 1,524,400 | 1,564,200 | 1,572,800 | 1,543,700 | 1,936,800 | 1,936,500 | 2,240,000 | 2,254,400 | 2,337,300 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,263,400K ÷ $—K
= —
Given the data provided, it appears that the payables turnover ratio for Crane Company is not available ("—") for all the reported periods from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that indicates how efficiently a company manages its trade payables by measuring the number of times a company pays its average accounts payable balance during a specific period.
In this case, the absence of specific data for the payables turnover ratio prevents a detailed analysis of the company's ability to manage its accounts payable effectively. A higher payables turnover ratio generally indicates that a company is paying its suppliers more frequently, which can be a positive sign of strong liquidity and good vendor relationships.
Without the payables turnover ratio data, it is challenging to assess Crane Company's liquidity management, cash flow efficiency, and the speed at which it settles its payables relative to its purchasing activities. This lack of information may limit the insights into the company's working capital management and relationship with suppliers.
Peer comparison
Dec 31, 2024