DXP Enterprises Inc (DXPE)
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 | 1,245,763 | 1,207,549 | 1,174,411 | 1,162,836 | 1,169,119 | 1,179,947 | 1,161,941 | 1,129,303 | 1,058,794 | 972,252 | 899,122 | 835,885 | 785,365 | 745,273 | 701,614 | 683,006 | 725,997 | 774,730 | 850,312 | 909,938 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,245,763K ÷ $—K
= —
Based on the provided data, DXP Enterprises Inc's payables turnover ratio has been indicated as "—", suggesting that the specific information for this ratio is not available for the periods provided.
The payables turnover ratio typically indicates how efficiently a company is managing its accounts payable by measuring the number of times a company pays off its average accounts payable balance during a specific period. Without the actual values for this ratio, it is challenging to assess the company's ability to manage its payables effectively.
To gain a better understanding of DXP Enterprises Inc's payables turnover and its implications for the company's financial health and operations, it would be necessary to obtain the relevant financial data for the periods in question and calculate the ratio accordingly. A higher payables turnover ratio generally indicates that a company is paying its bills more quickly, while a lower ratio may suggest potential liquidity issues or inefficiencies in managing payables.
Peer comparison
Dec 31, 2024