Frontdoor Inc (FTDR)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 891,000 | 932,000 | 986,000 | 853,000 | 792,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $891,000K ÷ $—K
= —
Based on the provided data, Frontdoor Inc's payables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. The payables turnover ratio is a crucial metric that indicates how efficiently a company is managing its accounts payable. However, without specific values for each year, it is challenging to assess the company's ability to pay off its suppliers in a timely manner and manage its working capital effectively.
A high payables turnover ratio typically suggests that a company is efficiently utilizing its suppliers' credit terms, while a low ratio may indicate potential liquidity issues or inefficient management of payables. Without the actual turnover figures, it is difficult to provide a detailed analysis of Frontdoor Inc's payables turnover performance over the specified period. Additional financial information or historical data would be needed to evaluate the company's payables management and financial health effectively.
Peer comparison
Dec 31, 2024