Comfort Systems USA Inc (FIX)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,551,060 | 4,216,250 | 3,398,760 | 2,510,430 | 2,309,680 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $5,551,060K ÷ $—K
= —
Based on the provided data, the payables turnover for Comfort Systems USA Inc is not available for the years 2020, 2021, 2022, 2023, and 2024. Without this specific financial ratio, it is challenging to assess the company's efficiency in managing its accounts payable during these periods. A low payables turnover ratio could indicate that the company is taking longer to pay its suppliers, potentially straining relationships or cash flow.
However, without the payables turnover data, it is not possible to make a thorough analysis of how effectively Comfort Systems USA Inc is managing its accounts payable obligations over these years. It would be beneficial to obtain this ratio in future reports to gain insights into the company's liquidity and financial management practices.
Peer comparison
Dec 31, 2024