GATX Corporation (GATX)
Payables turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 593,400 | 603,000 | 566,800 | 819,600 | 867,200 |
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $593,400K ÷ $—K
= —
To calculate GATX Corp.'s payables turnover ratio, we need the following formula:
Payables Turnover = Purchases / Average Accounts Payable
As the specific figures for purchases and accounts payable are not provided in the table above, we are unable to compute the payables turnover for GATX Corp. for the years 2019 to 2023. To draw meaningful conclusions about the efficiency of GATX Corp.'s payables management, we would require access to more detailed financial data.
Peer comparison
Dec 31, 2023
Company name
Symbol
Payables turnover
GATX Corporation
GATX
—
Booking Holdings Inc
BKNG
3.48
Expedia Group Inc.
EXPE
8.18
GXO Logistics Inc
GXO
12.93
RXO Inc.
RXO
8.67
Verra Mobility Corp
VRRM
3.57
XPO Logistics Inc
XPO
7.30