Goodyear Tire & Rubber Co (GT)
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 | 15,175,000 | 15,287,000 | 15,577,000 | 16,078,000 | 16,557,000 | 16,997,000 | 17,131,000 | 17,180,000 | 16,953,000 | 16,412,000 | 16,001,000 | 14,907,000 | 13,692,000 | 12,517,000 | 11,398,000 | 10,536,000 | 10,337,000 | 10,446,000 | 10,636,000 | 11,275,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $15,175,000K ÷ $—K
= —
The payables turnover ratio for Goodyear Tire & Rubber Co as per the provided data is not available for the period from March 31, 2020, to December 31, 2024.
The payables turnover ratio is a financial metric that measures how efficiently a company is managing its payments to suppliers and vendors. A high payables turnover ratio indicates that the company is paying its suppliers quickly, while a low ratio suggests a longer payment cycle.
Without the specific numerical data for the payables turnover ratio over time, it is challenging to analyze or draw conclusions regarding how effectively Goodyear Tire & Rubber Co is managing its payables relative to its industry peers or historical performance.
To assess the company's payables management more comprehensively, it would be beneficial to compare the payables turnover ratio with industry benchmarks, historical trends, and qualitative factors impacting the company's supplier relationships and cash flow management.
Overall, the absence of payables turnover data limits the ability to provide a detailed analysis of Goodyear Tire & Rubber Co's payables management efficiency and its impact on the company's financial performance and liquidity.