Ford Motor Company (F)

Payables turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	162,102,000	164,289,000	160,567,000	155,699,000	149,527,000	150,169,000	145,813,000	135,306,000	135,547,000	130,908,000	131,706,000	126,046,000	127,658,000	129,027,000	130,719,000	147,748,000	151,429,000	140,196,000	142,094,000	144,046,000
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $162,102,000K ÷ $—K
= —

The payables turnover ratio for Ford Motor Co. has shown fluctuations over the past eight quarters. The trend indicates that the company is able to manage its accounts payables efficiently.

In Q4 2023, the payables turnover ratio increased to 5.79, indicating that Ford Motor Co. was able to pay off its suppliers approximately 5.79 times during the quarter. This demonstrates an improvement in efficiency compared to the previous quarter where the ratio was 5.30.

Looking at the historical data, the payables turnover ratio has ranged from 4.77 to 5.38 over the past year. Despite some fluctuations, the ratio has generally been within a relatively narrow range which suggests effective management of the company's accounts payables.

Overall, the payables turnover ratio for Ford Motor Co. reflects a consistent ability to manage its payment obligations to suppliers efficiently, which is a positive indicator for the company's financial health and cash flow management.