Fastenal Company (FAST)
Payables turnover
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,509,300 | 4,144,100 | 3,992,200 | 3,764,800 | 3,233,700 |
| Payables | US$ in thousands | 316,800 | 287,700 | 264,100 | 255,000 | 233,100 |
| Payables turnover | 14.23 | 14.40 | 15.12 | 14.76 | 13.87 |
December 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,509,300K ÷ $316,800K
= 14.23
Peer comparison
Dec 31, 2025
Company name
Symbol
Payables turnover
Fastenal Company
FAST
14.23
MSC Industrial Direct Company Inc
MSM
9.92