CSX Corporation (CSX)
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 | 9,189,000 | 9,229,000 | 9,248,000 | 9,208,000 | 9,130,000 | 9,088,000 | 9,148,000 | 9,160,000 | 9,068,000 | 8,827,000 | 8,400,000 | 7,825,000 | 7,379,000 | 6,904,000 | 6,495,000 | 6,256,000 | 6,221,000 | 6,366,000 | 6,577,000 | 6,927,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,189,000K ÷ $—K
= —
The payables turnover ratio for CSX Corporation indicates the efficiency with which the company is managing its accounts payable. However, the data provided does not show any specific values for the payables turnover ratio for the periods up to December 31, 2024.
The payables turnover ratio is calculated by dividing the total purchases made on credit by the average accounts payable balance. A higher payables turnover ratio typically indicates that the company is paying off its suppliers more quickly, which can be a positive sign of liquidity and good relationship management with vendors.
Without specific values for the payables turnover ratio, it is challenging to provide a detailed analysis of how CSX Corporation is managing its accounts payable over the periods mentioned. To conduct a thorough analysis and assess the company's performance in this area, specific data points for accounts payable and purchases would be needed to calculate the ratio accurately and draw meaningful conclusions.
Peer comparison
Dec 31, 2024