Domino's Pizza Inc Common Stock (DPZ)
Payables turnover
| Dec 31, 2024 | Sep 8, 2024 | Jun 16, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,857,914 | 2,843,781 | 2,816,601 | 2,775,867 | 2,751,941 | 2,768,378 | 2,825,932 | 2,884,878 | 2,888,552 | 2,845,200 | 2,771,244 | 2,717,109 | 2,669,131 | 2,653,422 | 2,646,370 | 2,584,520 | 2,522,918 | 2,404,679 | 2,303,502 | 2,235,546 |
| Payables | US$ in thousands | 85,898 | 97,847 | 110,556 | 111,678 | 106,267 | 101,058 | 90,688 | 93,547 | 89,715 | 91,299 | 99,465 | 92,353 | 91,547 | 111,780 | 104,515 | 95,042 | 94,499 | 88,188 | 102,896 | 94,502 |
| Payables turnover | 33.27 | 29.06 | 25.48 | 24.86 | 25.90 | 27.39 | 31.16 | 30.84 | 32.20 | 31.16 | 27.86 | 29.42 | 29.16 | 23.74 | 25.32 | 27.19 | 26.70 | 27.27 | 22.39 | 23.66 |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,857,914K ÷ $85,898K
= 33.27
Domino's Pizza Inc Common Stock payables turnover has shown a fluctuating trend over the past several periods. The payables turnover ratio indicates how efficiently the company is managing its payables by measuring the number of times a company pays off its average accounts payable balance over a certain period.
From March 22, 2020, to December 31, 2024, the payables turnover ratio ranged between 22.39 and 33.27 times. The highest payables turnover ratio of 33.27 was recorded on December 31, 2024, suggesting that during this period, Domino's Pizza Inc was able to efficiently use its accounts payables to support its operations.
Overall, the payables turnover ratios have generally been above 20 times, indicating that Domino's Pizza Inc has been effectively managing its payables to support its business activities. However, analysts may want to further investigate any significant changes or trends in the payables turnover ratio to identify potential risks or opportunities for the company.
Peer comparison
Dec 31, 2024