DXP Enterprises Inc (DXPE)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,245,760 | 1,173,310 | 1,058,790 | 785,415 | 725,997 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,245,760K ÷ $—K
= —
Based on the provided data, DXP Enterprises Inc's payables turnover ratio is not available for the years from December 31, 2020, to December 31, 2024. The payables turnover ratio is a measure of how efficiently a company is managing its accounts payable by comparing the purchases made on credit to the average accounts payable outstanding during a specific period. A higher payables turnover ratio typically indicates that the company is paying its suppliers more quickly, which can be a sign of strong working capital management and good relationships with suppliers. Without the specific values for payables turnover, it is challenging to assess DXP Enterprises Inc's ability to manage its accounts payable effectively over the specified years. It would be beneficial to obtain additional financial data or context to perform a more detailed analysis of the company's payables turnover performance.
Peer comparison
Dec 31, 2024