Grocery Outlet Holding Corp (GO)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 3,049,560 | 2,727,770 | 2,486,000 | 2,130,800 | 2,161,290 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $3,049,560K ÷ $—K
= —
Based on the provided data, it appears that the payables turnover ratio for Grocery Outlet Holding Corp is not available or not provided for the years ranging from December 31, 2020, to December 31, 2024. The payables turnover ratio is a metric that indicates how efficiently a company manages its trade payables by measuring how many times a company pays off its suppliers within a given period.
Without the specific values for the payables turnover ratio over the years in question, it is challenging to assess the company's ability to manage its payables effectively. A high payables turnover ratio typically suggests that a company is efficiently utilizing its trade credit terms and managing its cash flow effectively.
However, the absence of data for this ratio for Grocery Outlet Holding Corp in the specified years limits a comprehensive analysis of their payables management efficiency. It would be beneficial to have access to this information to gain insights into the company's creditor payment practices and financial health.
Peer comparison
Dec 31, 2024