Genuine Parts Co (GPC)
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 | 15,062,170 | 15,003,390 | 14,946,990 | 14,845,780 | 14,888,520 | 14,797,300 | 14,777,550 | 14,638,910 | 14,355,880 | 13,915,680 | 13,328,150 | 12,781,160 | 12,236,370 | 11,930,090 | 11,664,030 | 11,102,140 | 11,236,980 | 11,554,600 | 12,103,180 | 12,906,120 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $15,062,170K ÷ $—K
= —
The payables turnover ratio indicates how efficiently a company manages its trade payables by measuring the number of times a company pays off its suppliers during a specific period. However, the provided data for Genuine Parts Co does not include any specific values for the payables turnover ratio over the given periods from March 31, 2020, to December 31, 2024.
Without the actual values of the payables turnover ratio, it is not possible to calculate or analyze the efficiency of Genuine Parts Co in managing its trade payables. It is important to note that a higher payables turnover ratio generally signifies that a company is paying its suppliers more frequently, whereas a lower ratio may indicate longer payment periods or liquidity issues.
Therefore, without the specific data points for the payables turnover ratio for Genuine Parts Co, a detailed analysis or interpretation of its payables turnover efficiency cannot be provided at this time.