Graco Inc (GGG)
Payables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 990,855 | 1,034,580 | 1,086,080 | 953,659 | 795,178 |
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $990,855K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for Graco Inc is not available for the years 2020 through 2024. This ratio indicates the company's efficiency in managing its accounts payable by determining how often the company pays its suppliers within a given period. The absence of data on payables turnover does not allow for a detailed analysis of Graco Inc's ability to manage its payables effectively over the specified years. It is important for the company to track this ratio to assess its liquidity management and supplier relationships accurately.
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
Graco Inc
GGG
—
Enovis Corp
ENOV
—
Flowserve Corporation
FLS
—
IDEX Corporation
IEX
—
ITT Inc
ITT
5.20
Xylem Inc
XYL
5.32