Expeditors International of Washington, Inc. (EXPD)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 9,251,480 | 8,054,630 | 14,900,200 | 14,358,100 | 8,421,630 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $9,251,480K ÷ $—K
= —
The payables turnover ratio for Expeditors International of Washington, Inc. has been reported as "—", indicating that the specific data for payables turnover is not available for the years ended December 31, 2020 to December 31, 2024. This absence of information makes it challenging to assess the company's efficiency in managing its accounts payable during these periods. Typically, a higher payables turnover ratio suggests that a company is more efficient in paying its suppliers, whereas a lower ratio may indicate a longer payment cycle. However, without the actual figures, it is difficult to draw any conclusions regarding the company's payables turnover performance over the specified years.
Peer comparison
Dec 31, 2024