Acushnet Holdings Corp (GOLF)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,269,360 | 1,129,480 | 1,091,100 | 1,029,490 | 782,333 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,269,360K ÷ $—K
= —
Based on the provided data, Acushnet Holdings Corp's payables turnover ratio for the years 2020, 2021, 2022, 2023, and 2024 is not available or not provided. The payables turnover ratio is a measure of how efficiently a company manages its payables by comparing the amount of purchases made on credit to the average accounts payable during a specific period.
Without the specific values for payables turnover, it is challenging to assess the company's ability to efficiently manage its payables and liquidity. A higher payables turnover ratio generally indicates that the company is paying its suppliers more quickly, which can suggest strong liquidity and potentially good relationships with suppliers.
However, without the actual values for Acushnet Holdings Corp's payables turnover, it is difficult to draw any conclusions regarding the efficiency of its payables management over the specified years. Assessing the trend over multiple periods would have provided valuable insights into the company's payment practices and liquidity position.
Peer comparison
Dec 31, 2024