Franklin Electric Co Inc (FELE)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,304,060 | 1,368,120 | 1,352,280 | 1,085,780 | 814,192 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,304,060K ÷ $—K
= —
The data provided shows that Franklin Electric Co Inc does not have any information available for its payables turnover ratio from December 31, 2020, to December 31, 2024. The payables turnover ratio is a key metric that measures how efficiently a company manages its accounts payable. Without this information, it is challenging to assess the company's ability to pay its suppliers in a timely manner and efficiently utilize its working capital. Franklin Electric Co Inc may need to provide more transparency on its payables turnover in order to give stakeholders a clearer picture of its financial health and operational efficiency.
Peer comparison
Dec 31, 2024