CSW Industrials Inc (CSWI)
Payables turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 484,989 | 473,546 | 460,989 | 449,658 | 442,095 | 435,214 | 439,523 | 437,374 | 439,690 | 430,306 | 411,255 | 393,244 | 372,403 | 350,842 | 315,192 | 278,862 | 234,406 | 208,788 | 204,219 | 201,935 |
| Payables | US$ in thousands | 54,767 | 52,842 | 63,191 | 55,025 | 48,387 | 43,421 | 47,114 | 46,252 | 40,651 | 42,031 | 50,261 | 51,826 | 47,836 | 39,530 | 37,785 | 43,227 | 32,444 | 25,667 | 20,736 | 23,288 |
| Payables turnover | 8.86 | 8.96 | 7.30 | 8.17 | 9.14 | 10.02 | 9.33 | 9.46 | 10.82 | 10.24 | 8.18 | 7.59 | 7.78 | 8.88 | 8.34 | 6.45 | 7.22 | 8.13 | 9.85 | 8.67 |
March 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $484,989K ÷ $54,767K
= 8.86
The payables turnover ratio for CSW Industrials Inc has exhibited fluctuations over the period from June 30, 2020, to March 31, 2025. The ratio indicates how efficiently the company is managing its accounts payable by showing the number of times a company pays off its average accounts payable balance during a period.
From June 2020 to March 2025, the payables turnover ratio ranged from a high of 10.82 to a low of 6.45. A higher payables turnover ratio generally suggests that the company is paying off its suppliers more quickly, which may indicate strong liquidity management or efficient inventory turnover. Conversely, a lower ratio may indicate that the company is taking longer to pay its suppliers, potentially indicating liquidity issues or challenges in managing the cash flow effectively.
The fluctuations in the payables turnover ratio for CSW Industrials Inc suggest varying levels of efficiency in managing accounts payable over time. It is important for the company to closely monitor this ratio to ensure that it remains in line with industry norms and to assess the effectiveness of its accounts payable management strategies.
Peer comparison
Mar 31, 2025