Now Inc (DNOW)
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 | 1,833,000 | 1,820,000 | 1,803,000 | 1,772,000 | 1,786,000 | 1,776,000 | 1,760,000 | 1,711,000 | 1,630,000 | 1,546,000 | 1,451,000 | 1,355,000 | 1,275,000 | 1,218,000 | 1,139,000 | 1,126,000 | 1,327,000 | 1,567,000 | 1,904,000 | 2,225,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,833,000K ÷ $—K
= —
The payables turnover ratio of Now Inc for the periods reported is not available in the dataset provided.
The payables turnover ratio is a liquidity metric that measures how efficiently a company is managing its payables by comparing the company's purchases from suppliers to its average accounts payable balance. A higher payables turnover ratio indicates that the company is paying off its suppliers more quickly, which may suggest good liquidity and strong supplier relationships.
Without the specific data on payables turnover, it is challenging to provide an in-depth analysis of how Now Inc is managing its payables and whether it is improving or deteriorating over time. It would be beneficial to have the actual payables turnover ratio figures to assess the company's ability to efficiently manage its accounts payable and optimize working capital.
If the data becomes available in the future, conducting a thorough analysis of Now Inc's payables turnover ratio would provide valuable insights into its operational efficiency and financial health.
Peer comparison
Dec 31, 2024