Greenbrier Companies Inc (GBX)
Payables turnover
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,986,200 | 3,502,900 | 2,671,700 | 1,516,300 | 2,439,100 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
August 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,986,200K ÷ $—K
= —
To calculate Greenbrier Companies Inc payables turnover, we need two key pieces of information: purchases and average accounts payable.
Payables turnover is calculated as Cost of Goods Sold divided by Average Accounts Payable. Cost of Goods Sold can be estimated using the information given in the income statement of the respective years. Average Accounts Payable is usually calculated by adding the beginning and ending accounts payable balances and dividing by 2.
Without specific data for the Cost of Goods Sold and Accounts Payable, we are unable to calculate the payables turnover ratio for Greenbrier Companies Inc for the years provided. It's important to note that a higher payables turnover ratio generally indicates more efficient management of payables, while a lower ratio may suggest that the company is taking longer to pay its suppliers.
Peer comparison
Aug 31, 2024