CSX Corporation (CSX)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 9,198,000 | 9,130,000 | 9,068,000 | 7,382,000 | 6,221,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $9,198,000K ÷ $—K
= —
Based on the data provided for CSX Corporation, the payables turnover ratio is not available for the years from December 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its payables by showing how many times a company pays off its average accounts payable balance during a period. Without the specific values for this ratio over the years, it is challenging to evaluate CSX Corporation's performance in terms of managing its payables effectively. It is important to have this information to assess the company's liquidity and relationship with its suppliers.
Peer comparison
Dec 31, 2024