Greif Bros Corporation (GEF)
Payables turnover
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,377,300 | 4,072,500 | 5,064,100 | 4,463,100 | 3,600,300 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
October 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,377,300K ÷ $—K
= —
The payables turnover ratio for Greif Bros Corporation for the years indicated (2020 to 2024) is not available according to the provided data.
The payables turnover ratio is a measure of how efficiently a company manages its accounts payable by comparing the cost of goods sold to the average accounts payable during a specific period.
Without the specific payables turnover ratios for the years in question, it is difficult to assess how quickly Greif Bros is paying its suppliers, which could impact its liquidity and relationships with vendors.
It's important for companies to monitor their payables turnover ratio to ensure they are effectively managing their payment obligations and maintaining good relationships with their suppliers. A low payables turnover ratio may indicate inefficiencies in managing payables, while a high ratio could imply overly aggressive negotiation with suppliers.
Please provide further data if available to conduct a more detailed analysis of Greif Bros Corporation's payables turnover ratio.