Crane NXT Co (CXT)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 821,700 | 737,200 | 2,035,100 | 2,120,300 | 1,930,700 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $821,700K ÷ $—K
= —
Based on the provided data, Crane NXT Co's payables turnover ratio is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. This indicates that there is insufficient information to calculate the efficiency of the company in managing its accounts payable during these years. The payables turnover ratio is a key metric that helps assess how quickly a company pays its suppliers, and the absence of this data prevents a detailed analysis of this aspect of Crane NXT Co's financial performance over the specified period. Further information or additional financial data would be necessary to evaluate the company's payables turnover and its implications for its working capital management.
Peer comparison
Dec 31, 2024