Flowers Foods Inc (FLO)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,577,220 | 2,632,140 | 2,502,000 | 2,175,250 | 2,196,140 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,577,220K ÷ $—K
= —
Based on the provided data, Flowers Foods Inc's payables turnover ratio for the years 2020, 2021, 2022, 2023, and 2024 is shown as "—", signifying that specific information about the payables turnover ratio is not available or not disclosed in the financial statements for these years. Payables turnover ratio is a financial metric that measures how efficiently a company is managing its accounts payable by comparing the amount of purchases made on credit to the average accounts payable during a period.
Without the specific figures for the payables turnover ratio for Flowers Foods Inc, it is challenging to assess the company's ability to pay its suppliers in a timely manner or to analyze its payment practices and liquidity position in relation to its accounts payable. It is important for investors and stakeholders to have transparency and access to this ratio to gain insights into the company's financial management and working capital efficiency.
Peer comparison
Dec 31, 2024