General Motors Company (GM)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 164,037,000 | 160,856,000 | 154,338,000 | 152,014,000 | 149,771,000 | 147,206,000 | 147,384,000 | 139,334,000 | 135,754,000 | 128,235,000 | 115,201,000 | 113,011,000 | 109,126,000 | 112,161,000 | 118,603,000 | 106,125,000 | 108,813,000 | 105,290,000 | 107,023,000 | 121,812,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $164,037,000K ÷ $—K
= —
The payables turnover ratio is a financial metric that evaluates how efficiently a company manages its accounts payable by calculating how many times a company pays off its average accounts payable balance within a specific period.
Based on the provided data for General Motors Company, the payables turnover ratio is not available for the periods from March 31, 2020, to December 31, 2024. This indicates that the specific information required to calculate this ratio, such as accounts payable and cost of goods sold, is not provided in the dataset.
The payables turnover ratio is typically used to assess the effectiveness of a company's working capital management and its ability to negotiate favorable credit terms with suppliers. A high payables turnover ratio indicates that the company is paying its suppliers quickly, which could suggest a strong cash position or good relationships with suppliers. Conversely, a low payables turnover ratio may imply that the company is taking longer to pay its bills, which could signal liquidity issues or strained supplier relationships.
Without the necessary data points for General Motors Company's accounts payable and cost of goods sold, a detailed analysis of the payables turnover ratio and its implications for the company's financial health and operational efficiency cannot be provided at this time.
Peer comparison
Dec 31, 2024