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