Gentex Corporation (GNTX)
Payables turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,613,088 | 1,587,481 | 1,539,276 | 1,542,224 | 1,562,575 | 1,542,521 | 1,548,549 | 1,536,585 | 1,490,635 | 1,452,663 | 1,377,329 | 1,309,144 | 1,245,261 | 1,157,524 | 1,118,876 | 1,111,462 | 1,148,721 | 1,176,424 | 1,085,997 | 1,082,746 |
| Payables | US$ in thousands | 252,041 | 204,675 | 162,899 | 168,315 | 182,606 | 206,002 | 191,737 | 184,399 | 171,360 | 168,456 | 166,922 | 151,740 | 171,437 | 186,623 | 140,887 | 98,343 | 100,533 | 101,262 | 107,062 | 84,784 |
| Payables turnover | 6.40 | 7.76 | 9.45 | 9.16 | 8.56 | 7.49 | 8.08 | 8.33 | 8.70 | 8.62 | 8.25 | 8.63 | 7.26 | 6.20 | 7.94 | 11.30 | 11.43 | 11.62 | 10.14 | 12.77 |
September 30, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,613,088K ÷ $252,041K
= 6.40
Peer comparison
Sep 30, 2025
Company name
Symbol
Payables turnover
Gentex Corporation
GNTX
6.40
Adient PLC
ADNT
4.61
Autoliv Inc
ALV
4.36
AutoZone Inc
AZO
1.15