Acushnet Holdings Corp (GOLF)
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 | 1,269,364 | 1,131,538 | 1,133,271 | 1,141,998 | 1,133,001 | 1,150,088 | 1,128,480 | 1,122,633 | 1,091,103 | 1,083,463 | 1,073,004 | 1,048,435 | 1,029,493 | 1,013,453 | 991,572 | 844,693 | 782,333 | 763,822 | 732,733 | 805,363 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,269,364K ÷ $—K
= —
The payables turnover ratio for Acushnet Holdings Corp is not available for all the reported periods from March 31, 2020, to December 31, 2024. This ratio is a measure of how efficiently a company is managing its payments to suppliers and vendors. It is calculated by dividing the total purchases or cost of goods sold by the average accounts payable for the period.
Since the payables turnover data is not provided in the JSON file, a detailed analysis of this ratio's trend and comparison with industry benchmarks or prior periods cannot be conducted. The payables turnover ratio helps assess a company's liquidity and its ability to pay off its trade payables promptly. A high payables turnover ratio indicates that the company is paying its suppliers quickly, which may have advantages such as prompt payment discounts and a good relationship with suppliers. On the other hand, a low payables turnover ratio could suggest inefficiencies in managing accounts payable or potential liquidity issues.
In conclusion, the absence of payables turnover data for Acushnet Holdings Corp prevents a thorough analysis of this important ratio's performance over time. It's essential for investors and analysts to consider this ratio along with other financial metrics to evaluate the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024